2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for February 2023
Oslo, Norway, March 8, 2023 Commercial update: In February 2023, the Company achieved average time charter equivalent earnings of approximately US$15,800 per day, gross. The Company’s two vessels trading on index-linked time charter earned approximately US$9,500 per day, gross, including average daily scrubber benefits of approximately US$3,500 per day. The Company’s six vessels trading on fixed time charter earned approximately US$18,300 per day, gross, including average daily scrubber benefits of approximately US$600 per day. The Baltic 5TC Capesize Index averaged US$3,749 during