2020 Bulkers Ltd. (2020) - Delivery of Bulk Seoul and commencement of Charter
Hamilton, Bermuda, October 30, 2019 2020 Bulkers is pleased to announce that it today took delivery of the third of the eight 208,000 dwt Newcastlemax newbuildings from New Times Shipyard. Three further vessels are expected to be delivered within the next three months, and all eight vessels are expected to be delivered by May 2020. The vessel will on November 1, 2019 commence a 12-16 month time charter with Koch Supply & Trading at a fixed rate of USD 22,250 per day. The time charter was entered into in late April 2019 when one-year time charter rates for a standard Capesize were