2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for July 2021
Hamilton, Bermuda, August 11, 2021 Commercial update: In July 2021, the Company achieved average time charter equivalent earnings of approximately US$40,100 per day, gross. The Company’s six vessels trading on index-linked time charter earned approximately US$43,500 per day, gross, including average daily scrubber benefits of approximately US$1,700 per day. The Company’s two vessels trading on fixed time charter earned approximately US$30,000 per day, gross, including average daily scrubber benefits of approximately US$2,700 per day. The Baltic 5TC Capesize Index averaged US$30,395