Tor Olav Troim-backed 2020 Bulkers has fixed its two remaining newcastlemax newbuildings on term deals.
The Oslo-listed owner now has all eight sisterships on period charters in weak dry markets.
It said the 208,000-dwt Bulk Sao Paulo and Bulk Santos have been secured by trader Glencore for between 35 and 37 months.
They are due from New Times Shipyard in China in early June.