2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for August 2022
Oslo, Norway, September 7, 2022 Commercial update: In August 2022, the Company achieved average time charter equivalent earnings of approximately US$21,800 per day, gross. The Company’s six vessels trading on index-linked time charter earned approximately US$16,700 per day, gross, including average daily scrubber benefits of approximately US$4,000 per day. The Company’s two vessels trading on fixed time charter earned approximately US$37,000 per day, gross, including average daily scrubber benefits of approximately US$5,300 per day. The Baltic 5TC Capesize Index averaged US$9,339