2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for June 2021
Hamilton, Bermuda, July 7, 2021 Commercial update: In June 2021, the Company achieved average time charter equivalent earnings of approximately US$39,100 per day, gross. The Company’s six vessels trading on index-linked time charter earned approximately US$42,300 per day, gross, including average daily scrubber benefits of approximately US$2,800 per day. The Company’s two vessels trading on fixed time charter earned approximately US$29,700 per day, gross, including average daily scrubber benefits of approximately US$2,300 per day. The Baltic 5TC Capesize Index averaged US$28,533