Norway's Hagland Shipping is set to boost its fleet of self-unloading bulkers with a vessel on charter from compatriot Falkeid Shipping.

Falkeid purchased the 4,600-dwt Falkfjord (built 1998) and converted it to a self-unloader for the charter contract with Hagland Shipping.

It is the second such deal for the two companies in less than a year.