Tor Olav Troim-backed 2020 Bulkers has moved another of its newcastlemaxes on to a fixed-rate charter as rates fall.
The 208,000-dwt Bulk Sandefjord (built 2019) has been switched from an index-linked deal to one that guarantees $14,392 per day until the end of next March.
The vessel will also earn a premium related to the fuel cost savings of $4,500 per day from its scrubber.
