2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for October 2020
Hamilton, Bermuda, November 12, 2020 Commercial update: In October 2020, the Company achieved average time charter equivalent earnings of approximately US$22,400 per day, gross. The Company’s two vessels trading on index-linked time charter earned approximately US$33,600 per day, gross, including average daily scrubber benefits of approximately US$1,300 per day. The Company’s six vessels trading on fixed time charter earned approximately US$18,700 per day, gross, including average daily scrubber benefits of approximately US$1,100 per day for three of the vessels. The Baltic 5TC