Delivery of 2020 Bulkers' two remaining newcastlemaxes could be delayed following the declaration of force majeure at Chinese shipyards in response to the Wuhan coronavirus epidemic.

The Oslo-listed shipowner revealed the potential setback as it posted a small net loss for 2019, a year that marked its transition from start-up to shipowner.

2020 Bulkers is still awaiting delivery of two newcastlemax bulk carriers, which are scheduled to join its live fleet of six other vessels by May this year.