2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for April 2022
Hamilton, Bermuda, May 10, 2022 Commercial update: In April 2022, the Company achieved average time charter equivalent earnings of approximately US$23,600 per day, gross. The Company’s six vessels trading on index-linked time charter earned approximately US$20,300 per day, gross, including average daily scrubber benefits of approximately US$1,600 per day. The Company’s two vessels trading on fixed time charter earned approximately US$33,700 per day, gross, including average daily scrubber benefits of approximately US$2,300 per day. The Baltic 5TC Capesize Index averaged