2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for March 2021
Hamilton, Bermuda, April 13, 2021 Commercial update: In March 2021, the Company achieved average time charter equivalent earnings of approximately US$24,800 per day, gross. The Company’s four vessels trading on index-linked time charter earned approximately US$24,800 per day, gross, including average daily scrubber benefits of approximately US$1,600 per day. The Company’s three vessels trading on fixed time charter earned approximately US$27,000 per day, gross, including average daily scrubber benefits of approximately US$2,000 per day. Bulk Shenzhen earned approximately US$19,800 per