J.J. Uglands Bulk Carrier LIVANITA Sold
The bulker fleet will be further renewed late 2014 and early 2015 when two supramax newbuildings are delivered, as announced last year.
Namely, UM BULK AS, a joint venture between J.J. Ugland and Mitsubishi Corporation signed an agreement with Tsuneishi Shipbuilding Co., Ltd, Japan, in January 2013, to buy 2 bulk carriers of TESS-58 type with the delivery scheduled for 2014 and 2015.
World Maritime News Staff, March 7, 2014; Image: J.J. Ugland Companies