An investment vehicle owned by Koch Industries has bought a stake in 2020 Bulkers through a placement of shares sold by Tor Olav Troim and a private equity firm.
TradeWinds understands that funds raised from the sale will go towards funding the construction of LNG-fuelled newcastlemax bulkers that Troim ordered separately from 2020 Bulkers. Troim is the Oslo-listed bulker owner's primary backer.
