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Fredriksen's dry bulk giant secures work for 15 Capesize

Knightsbridge, which is in the midst of a merger process with Golden Ocean, has secured charter contracts with German RWE for 15 Capesize vessels.

Photo: Richard Drew/AP/POLFOTO/arkiv

In an otherwise tough dry bulk market, John Fredriksen's dry bulk giant Knightsbridge (VLCCF), which will likely soon complete a merger with the other bulk giant in the Norwegian shipowner's portfolio, Golden Ocean, has reached an agreement to charter 15 of the company's major Capesize vessels on long-term contracts, says the carrier in a statement.

The deal was reached with RWE Supply & Trading, a subsidiary of German energy group RWE.

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