In a statement New York-listed SFL toldinvestors the 82,000-dwt vessels were built in 2012 but failed to identify theduo by name or shed light on cost.

It did, however, indicate the units willchange hands within the next two months and are linked to fixtures with astate-owned Chinese charterer.

SFL said it expects the bulkers togenerate annual earnings before interest, taxes, depreciation and amortization ofapproximately $7m on average during the eight-year charter period.