Help Desk -
9958816305, 9810335381

Belships ASA Expands Fleet with 20th Bessel

Logistic News - Published on Mon, 15 Jul 2019

Image Source:
Belships ASA has agreed a 10 year bareboat charter for a 64,000 death weight tonne Ultramax bulk carrier newbuilding. The vessel will be delivered by a Japanese shipyard during the second half of 2021. The estimated cash breakeven for the Vessel upon delivery is about Usd 11,250 per day including operational expenses. The agreement comes with attractive purchase options which can be exercised as from the fourth year till the end of the charter.

Belships CEO, Lars Christian Skarsgård, said that “In addition to signalling the superior ship financing available to Belships, we see this transaction as an option to buy a vessel at today’s market levels without deploying any of the of the company’s cash until delivery.”

Source :

Posted By : Mohan Sharma on Mon, 15 Jul 2019
Related News from Logistic segment