Tor Olav Troim has pivoted in his plan for the eight newcastlemax newbuildings in the fleet of 2020 Bulkers.
The company was launched as an asset play but now intends to keep the ships it has on order at New Times Shipyard in China.
Chairman Magnus Halvorsen says 2020 Bulkers is planning to built up a “small, but effective organization, with a view to take a delivery of and operate the ships”.
