2020 Bulkers Ltd. (2020) - Conversions and charter extensions for Bulk Shanghai and Bulk Seoul
Oslo, Norway, 10 February 2023, 2020 Bulkers has converted and extended the index-linked time charters for Bulk Shanghai and Bulk Seoul to fixed rate charters from February 10, 2023, until September 30, 2023, at a rate of US$22,850, gross, including scrubber benefit. Following the fixed rate charter periods, both time charters have been extended with 6 months index-linked charters reflecting a significant premium to a standard Capesize vessel, as well as an additional premium related to the fuel cost saving from the scrubbers. From February 19 until March 31, 2023, 2020 Bulkers has