Oslo, Norway, February 7, 2024
Commercial update:
In January 2024, the Company achieved average time charter equivalent earnings of approximately US$27,100 per day, gross. The Company’s three vessels trading on index-linked time charter earned approximately US$32,100 per day, gross, including average daily scrubber benefits of approximately US$3,700 per day. The Company’s five vessels trading on fixed time charter earned approximately US$24,100 per day, gross, including average daily scrubber benefits of approximately US$2,800 per day.
The Baltic 5TC Capesize Index averaged US$20,565 during January 2024.
Dividend:
The Board has approved a dividend of US$0.10 per share for January 2024.
Key information:
Distribution amount: US$0.10 per share
Declared currency: US$
Date of approval: February 6, 2024
Last day including right: February 20, 2024
Ex-date: February 21, 2024
Record date: February 22, 2024
Payment date: On or about February 29, 2024
For further queries, please contact:
Magnus Halvorsen, Chairperson, 2020 Bulkers Ltd.
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.
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2020 Bulkers is fully committed to its shareholders’. We intend to provide comprehensive and fully updated information to our investors and analysts.