Investor and shipowner Tor Olav Troim is launching another bulker company, Himalaya Shipping, which has ordered up to 12 LNG-fuelled newcastlemaxes at New Times Shipbuilding.
Firm orders have been placed for eight vessels and Himalaya has options for four further ships that must be exercised by September.
The order at the Chinese yard, thought to be worth up to $820m, was first reported in March by TradeWinds but at that time the link to Troim remained mysterious.
