2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for October 2022
Oslo, Norway, November 9, 2022 Commercial update: In October 2022, the Company achieved average time charter equivalent earnings of approximately US$26,700 per day, gross. The Company’s five vessels trading on index-linked time charter earned approximately US$25,100 per day, gross, including average daily scrubber benefits of approximately US$2,600 per day. The Company’s three vessels trading on fixed time charter earned approximately US$28,900 per day, gross, including average daily scrubber benefits of approximately US$3,700 per day. The Baltic 5TC Capesize Index averaged US$17,