2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for September 2022
Oslo, Norway, October 11, 2022 Commercial update: In September 2022, the Company achieved average time charter equivalent earnings of approximately US$22,900 per day, gross. The Company’s six vessels trading on index-linked time charter earned approximately US$18,500 per day, gross, including average daily scrubber benefits of approximately US$3,400 per day. The Company’s two vessels trading on fixed time charter earned approximately US$35,900 per day, gross, including average daily scrubber benefits of approximately US$4,100 per day. The Baltic 5TC Capesize Index averaged US$11,