On 7 August, 2019, we held naming ceremony for two units of 208,000 DWT Bulk Carriers with Hull Nos.0120811 and 0120812 that are built for 2020 Bulkers Ltd. Our Chairman Mr. Yuan Kaifei, CEO Mr.Liu Haijin, Board Director Mr. Yuan Heng, Executive General Manger Mr. Zhang Yuyong, Assistant General Manager Mr. Xu Zhenyu, Shareholder of 2020 Bulkers Mr.Olav Midelfart Trøim and CEO of 2020 Bulkers Mr. Magnus Halvorsen, and all other VIP guests were present at this ceremony. Sponsor Mr.Olav Midelfart Trøim named the vessel 0120811 for "Bulk Sandefjord" and Godmother Mrs.Julie Ba Flaaten Halvorsen named the vessel 0120812 for "Bulk Santiago".