RESULTS FOR THE SECOND QUARTER AND THE FIRST HALF OF 2019
Hamilton, Bermuda, August 13, 2019 2020 Bulkers Ltd (2020) (“2020 Bulkers” or the “Company”), announces its unaudited financial and operating results for the three and six months ended June 30, 2019. Key events during the first half of 2019 · The Company reported net losses of US$1.0 million and US$2.4 million for the three and six months ended June 30, 2019, respectively. · In February, the Company signed a US$240 million bank facility for the financing of its eight 208,000 dwt Newcastlemax newbuildings · During the first half of 2019, the Company raised new