2020 Bulkers Ltd. (2020) - Results for the fourth quarter
Hamilton, Bermuda, January 28, 2021 2020 Bulkers Ltd. (“2020 Bulkers” or the “Company”), today announced its unaudited financial and operating results for the three and twelve months ended December 31, 2020. Key events during the fourth quarter of 2020 ·The Company reported net profit of US$3.6 million and EBITDA of US$9.1 million for the fourth quarter of 2020. ·Achieved average time charter equivalent earnings of approximately US$20,500, per day, gross. ·The Company declared total cash distributions of US$0.17 per share for the months of October, November and