Fjeld Shipping, previously known as Sterling Shipping, is moving back to Norway with a new-look fleet, after selling one of its kamsarmax bulk carriers and shedding a shareholder.
The sale leaves Fjeld Shipping with three kamsarmaxes, which are currently fixed to major charterers Cobelfret and agri-business company Olam.
Fjeld Shipping’s corporate entity will be redomiciled from Malta to Norway, with a notable change in its shareholding following the exit of a troubled Swedish real-estate group.
