The German owner said it will hire the vessels from two different owners, one European and one American.
Despite the bulker market downturn, HBC is setting its sights on expanding its tally.
Alongside the time charters for the five handymaxes, it has also added 11 vessels which will come under the company’s wing.
The vessels come from the German banking sector and will join HBC’s third-party managed fleet.
They
