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Ultrabulk orders kamsarmax in Japan

Ultrabulk orders kamsarmax in Japan
Copenhagen: Ultrabulk has taken 13-year charter on kamsarmax bulker to be built at a shipyard in Japan.

The Copenhagen-based shipowner said it had chartered the 81,000 dwt bulker newbuilding being built at an undisclosed “leading Japanese shipbuilder” for a period of 13-years with an option to buy. The vessel is for delivery by the end of 2014.

Ultrabulk has a total of eight newbuildings on order and options for a further two.

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