Delivery of newcastlemax dry bulk newbuilding with long-term charter
Ocean Yield ASA is pleased to announce the delivery of the newcastlemax dry bulk vessel “Bulk Shanghai” from the yard today. Upon delivery the vessel commenced a 13 years’ bareboat charter to a company owned and guaranteed by 2020 Bulkers Ltd. (“2020 Bulkers”). 2020 Bulkers has also entered into a time charter agreement for Bulk Shanghai with a 100% owned subsidiary of Glencore.