2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for November 2022
Oslo, Norway, December 8, 2022 Commercial update: In November 2022, the Company achieved average time charter equivalent earnings of approximately US$24,500 per day, gross. The Company’s four vessels trading on index-linked time charter earned approximately US$19,400 per day, gross, including average daily scrubber benefits of approximately US$3,300 per day. The Company’s four vessels trading on fixed time charter earned approximately US$29,600 per day, gross, including average daily scrubber benefits of approximately US$6,100 per day. The Baltic 5TC Capesize Index averaged US$11,