Newcastlemax owner 2020 Bulkers has moved its tax domicile to Norway and appointed a new member to its board.

The Oslo-listed shipowner was previously domiciled in Bermuda but joined its new tax regime on Tuesday.

Meanwhile, lawyer Viggo Bang-Hansen has joined 2020 Bulkers’ board and two members have stepped down.

Bang-Hansen has worked at Norwegian law firm Schjodt since 2003 and has been a partner since 2008.