Tor Olav Troim's 2020 Bulkers is to take early delivery of five of its eight newcastlemax newbuildings at a time when rates for the vessels are at the highest level in almost a decade.
China's New Times Shipyard will deliver the 208,000-dwt Bulk Seoul, Bulk Shanghai, and Bulk Sydney two months earlier than scheduled.
The three ships will hit the water respectively in October and November this year and in January 2020.
