2020 Bulkers Ltd. (2020) – Conversion of index-linked charter hire for Bulk Shanghai
Hamilton, Bermuda, February 20, 2020 2020 Bulkers has today converted the index-linked charter hire for Bulk Shanghai into a fixed rate charter hire at US$22,673 per day, gross, for the remainder of 2020. The Company expects average operating cash breakeven after G&A, vessel operating costs and debt service of US$14,500 per ship per day for 2020. For further queries, please contact: Magnus Halvorsen, Chief Executive Officer, 2020 Bulkers Management AS Telephone +47 920 20 111 About 2020 Bulkers Ltd.: 2020 Bulkers has six vessels in operation and two