2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for January 2022
Hamilton, Bermuda, February 8, 2022 Commercial update: In January 2022, the Company achieved average time charter equivalent earnings of approximately US$21,000 per day, gross. The Company’s vessels trading on index-linked time charter earned approximately US$21,000 per day, gross, including average daily scrubber benefits of approximately US$2,200 per day. The Baltic 5TC Capesize Index averaged US$12,844 during January 2022. Cash Distribution: The Board has approved a cash distribution of US$0.06 per share for January 2022. The distribution will be