2020 Bulkers is pleased to announce that it took delivery of the sixth of the eight 208,000 dwt Newcastlemax newbuildings.
The remaining two vessels are expected to be delivered by May 2020.
The vessel will on January 23, 2020, commence a three year index-linked time charter with Koch Shipping Pte. Ltd.
The index-linked rate reflects a significant premium to a standard Capesize as a function of higher cargo intake and lower fuel consumption.
The vessel will also earn an additional premium related to the fuel cost saving from the scrubber.