2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for August 2021
Hamilton, Bermuda, September 8, 2021 Commercial update: In August 2021, the Company achieved average time charter equivalent earnings of approximately US$45,600 per day, gross. The Company’s six vessels trading on index-linked time charter earned approximately US$51,300 per day, gross, including average daily scrubber benefits of approximately US$1,400 per day. Bulk Shenzhen was off-hire for 14 days in August before the off-hire insurance became active. The Company’s two vessels trading on fixed time charter earned approximately US$28,400 per day, gross, including average daily