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Ultrabulk confirms order for four bulkers

Ultrabulk confirms order for four bulkers
Denmark's Ultrabulk has confirmed orders for four ships with an option for a fifth at Japanese shipyards as it continues with its newbuilding program.

The four firm orders comprised of two 38,000 handysizes for delivery in 2015, one 61,000 dwt supramax for delivery in 2015 and one 82,000 dwt bulker for delivery in 2016. The shipowner holds one option on the 38,000 dwt handysize.

“Our fleet renewal program continues to play a vital role in our long term strategy. Through an expanding long term operational fleet, where the fleet mix also diversifies, Ultrabulk is controlling a solid and healthy combination of long term chartered and owned tonnage,”said Henrik Sleimann Petersen, executive vice president and head of Ship Holding at Ultrabulk.