India's Essar Shipping has sealed two contracts for handysize bulkers after India and Bangladesh signed a bilateral trade deal.
The 13,300-dwt Tuhina (built 1998) and 13,000-dwt Tvisha (built 1999) will ship Indian rice exports after Bangladesh agreed to buy 150,000 tonnes from its neighbour from 20 July.
Essar said this is the first such deal between the two countries for three years.
