Norway-based shipping company Belships has signed letters of intent for the acquisition of two new Ultramax bulk carriers.
The 61,000dwt vessels are being built at a Chinese yard and will feature Japanese design.
Following the completion, the vessels are expected to be delivered during August and September.
The new ships will be financed via ten-year bareboat charters.
Once delivered, the projected cash breakeven for the vessels will be approximately $10,700 a day, which will include operational...
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