Hamilton, Bermuda, September 9, 2020
Commercial update:
In August 2020, the Company achieved average time charter equivalent earnings of approximately US$21,600 per day, gross. The Company’s two vessels trading on index-linked time charter earned approximately US$28,300 per day, gross, including average daily scrubber benefits of approximately US$1,800 per day. The Company’s six vessels trading on fixed time charter earned approximately US$19,400 per day, gross, including average daily scrubber benefits of approximately US$1,200 per day for two of the vessels.
The Baltic 5TC Capesize Index averaged US$19,366 during August 2020.
Dividend:
The Board has approved the payment of a dividend of US$0.03 per share for August 2020.
Key information:
Dividend amount: US$0.03 per share
Declared currency: US$
Date of approval: September 8, 2020
Last day including right: September 10, 2020
Ex-date: September 11, 2020
Record date: September 14, 2020
Payment date: On or about October 8, 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 eight Newcastlemax dry bulk vessels in operation. All vessels are fitted with exhaust scrubber systems.
Other News
Investor Relations
2020 Bulkers is fully committed to its shareholders’. We intend to provide comprehensive and fully updated information to our investors and analysts.