Its first period charter for a Japanese-built supramax was announced as the company secured a contract of affreightment (COA) from Hydro Aluminium.
The vessel, which has been fixed on a seven-year charter with purchase options, will begin work on the COA following its delivery in the early part of next year.
“Combining this cargo contract with a suitable high-quality vessel underpins the further growth within the Western Bulk Group,” said Western Bulk chief executive Jens Ismar (right) in a statement.
“Having
