Belships Secures Bulker Newbuild

zoomIllustration; Image Courtesy: Belships Oslo-based bulk carrier owner and operator Belships ASA has signed an agreement to charter in an Ultramax bulk carrier to be delivered from Japanese Imabari Shipbuilding in the first half of 2020. As disclosed, the charter period for the 63,000 dwt ship will be for minimum eight years plus two yearly options, with purchase option from the end of the fourth year. With the new agreement, Belships ASA said it will have four Ultramax bulk carriers with eco-design from Imabari Shipbuilding. Two ships were delivered and in service for Cargill and Canpotex, respectively. Another bulker is expected to be handed over to the company in January 2018 and is presently unfixed.