2020 Bulkers Ltd. (2020) – Time charter amendments and extensions
Oslo, Norway, November 15, 2023, 2020 Bulkers is pleased to announce it has amended and extended the index-linked time charters for Bulk Sandefjord, Bulk Santiago, Bulk Shenzhen and Bulk Sydney with Koch Shipping until the end of 2026 with options for further 12 months. The charters reflect a significant premium to a standard Capesize vessel, as well as an additional premium related to the fuel cost saving from the scrubbers. “We are very pleased with the long-term contract extensions for four of our vessels, which is a testament to our strong relationship with Koch Shipping, as well