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2020 Bulkers sells ships for USD 84 million: Investors are rewarded

2020 Bulkers has sold two ships to Ocean Yield for USD 84 million, and the board now heralds dividends to shareholders.

2020 Bulkers har solgt to skibe til Ocean Yield | Photo: Modelfoto/Colourbox

2020 Bulkers has signed a deal to sell and lease back the two newcastlemax vessels Bulk Seoul and Bulk Shanghai with Ocean Yield, according to a notice to the Oslo Stock Exchange.

The price tag says USD 84 million. At first, the ships are leased on 13-year contracts, and they are expected to be delivered on Oct. 30 and Nov. 6.

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