2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the cash distribution for March 2023
Oslo, Norway, April 13, 2023 Commercial update: In March 2023, the Company achieved average time charter equivalent earnings of approximately US$20,000 per day, gross. The Company’s vessel trading on index-linked time charter earned approximately US$22,200 per day, gross, including average daily scrubber benefits of approximately US$3,300 per day. The Company’s seven vessels trading on fixed time charter earned approximately US$19,700 per day, gross, including average daily scrubber benefits of approximately US$1,400 per day. The Baltic 5TC Capesize Index averaged US$13,907 during