Two newcastlemaxes owned by 2020 Bulkers will continue their charters to Koch for another year.
The 208,400-dwt Bulk Santiago and Bulk Seoul (both built 2019) will remain contracted to the commodity trader for an extra 10 to 13 months from 1 February.
The pair have been chartered to Koch since late 2019 and are earning an index-linked rate, plus a premium to reflect the newcastlemaxes' larger capacity compared with conventional capesize bulkers.
