2020 Bulkers Ltd. (2020) - Results for the third quarter
Hamilton, Bermuda, November 12, 2020 2020 Bulkers Ltd (2020) (“2020 Bulkers” or the “Company”), today announced its unaudited financial and operating results for the three and nine months ended September 30, 2020. Key events during the third quarter of 2020 · The Company reported net profit of US$4.8 million and EBITDA of US$10.6 million for the third quarter of 2020. · Achieved average time charter equivalent earnings of approximately US$22,100, per day, gross. · In September 2020, the Company paid dividends of US$0.01 per share for the month of July, 2020. · In