<p>Norwegian bulker owner Belships has expanded its newbuilding orderbook with two more ultramaxes in Japan, lifting its fleet to 40 ships. The vessels are financed on a similar structure as the previous newbuilds – through time charter lease agreements, each for a period of seven to 10 years, with purchase options during the charter. The &#8230;</p> </p><p><p>https://splash247.com/belships-expands-ultramax-newbuild-campaign/</p></p>