2020 Bulkers Limited (2020) – Early delivery of newbuildings
Hamilton, Bermuda, 22 July, 2019
2020 Bulkers is pleased to announce that it has received notice from New Times Shipyard regarding the delivery schedule for Bulk Santiago, Bulk Seoul, Bulk Shanghai, Bulk Shenzen and Bulk Sydney being advanced by a total of 8 months.
The updated delivery schedule is as follows:
| Vessel | New Delivery Date | Previous Delivery Date | |
| Bulk Sandefjord | Aug-19 | Aug-19 | |
| Bulk Santiago | Sep-19 | Oct-19 | |
| Bulk Seoul | Oct-19 | Dec-19 | |
| Bulk Shanghai | Nov-19 | Jan-20 | |
| Bulk Shenzhen | Jan-20 | Feb-20 | |
| Bulk Sydney | Jan-20 | Mar-20 | |
| Bulk Sao Paulo | Apr-20 | Apr-20 | |
| Bulk Santos | May-20 | May-20 |
The CEO of 2020 Bulkers Management AS, Magnus Halvorsen, comments: “We are very pleased with the good progress of our newbuilding program at New Times Shipyard, particularly in the light of the recent improvements in the drybulk market. Following the revised delivery schedule, 2020 Bulkers is now expected to have in excess of 2,600 operational ship-days in 2020”
For further queries, please contact:
Magnus Halvorsen, Chief Executive Officer,
Telephone +47 920 20 111
About 2020 Bulkers Ltd.:
2020 Bulkers has eight Newcastlemax drybulk vessels under construction at New Times Shipyard in China. All vessels will be fitted with exhaust scrubber systems. The first ship is expected to deliver on August 7th and all ships are expected to be delivered by May 2020.