2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for January 2023
Oslo, Norway, February 8, 2023 Commercial update: In January 2023, the Company achieved average time charter equivalent earnings of approximately US$16,500 per day, gross. The Company’s four vessels trading on index-linked time charter earned approximately US$15,900 per day, gross, including average daily scrubber benefits of approximately US$3,400 per day. The Company’s four vessels trading on fixed time charter earned approximately US$17,000 per day, gross, including average daily scrubber benefits of approximately US$1,100 per day. The Baltic 5TC Capesize Index averaged US$9,065