Reliable sources close to the company confirm that the Greek owner has managed to get Shanghai Waiqaoqiao Shipbuilding (SWS) to flip two of the four 208,000-dwt bulkers that it has on order there into suezmaxes.
The company is now listed with suezmax Hull Nos 1392, 1393 and 1394. One of the ships will be delivered next year and the other two in 2017.
