Belships signs letter of intent to acquire new Ultramax bulk carrier

Capt. John

Norway-based shipping company Belships has signed a letter of intent for the procurement of a new Ultramax bulk carrier.

The 61,000 deadweight tonne (dwt) vessel will feature a Japanese design and is being built at a yard in China.

It is expected to be delivered upon completion in October or November.

The new vessel will be financed via a seven-year bareboat charter.

The company stated that the estimated cash breakeven for the ship upon delivery will be nearly $10,900 a day, including operational...

https://www.ship-technology.com/news/belships-signs-letter-ultramax-bulk/

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