2020 Bulkers Ltd. (2020) – Commercial update March, 2020
Commercial update: In March 2020, the Company achieved average time charter equivalent earnings of approximately USD 16,300 per day, gross, including profit sharing for the scrubbers. The Company’s two vessels trading on index-linked time charter earned approximately USD 5,600 per day, gross, including average daily scrubber benefits of approximately USD 1,100 per day. The Company’s four vessels trading on fixed time charter earned approximately USD 21,600 per day, gross. The Baltic 5TC Capesize Index averaged USD 3,224 during March 2020. For further queries, please contact: