Do not expect to see 2020 Bulkers sell any more of its newcastlemax bulk carriers going forward.

The Oslo-listed company cashed in the 208,445-dwt Bulk Shanghai and 207,992-dwt Bulk Seoul (both built 2019) to an unaffiliated third party on Monday, since revealed by TradeWinds as Neda Maritime of Greece.

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But chairman Magnus Halvorsen said the sale was an opportunistic one.