Tor Olav Troim’s 2020 Bulkers has secured a major loan for its newcastlemax newbuilding programme and has begun working on a full stock listing.
The shipowner has also revealed a time charter for one of its eight newcastlemax newbuildings, which will begin to deliver in September this year.
The developments came as Oslo-OTC listed 2020 Bulkers appointed two new directors, switched Magnus Halvorsen from the chairman to chief executive’s seat and hired former Frontline chief technical director Olav Eikrem.
