Oslo, Norway, January 24, 2023

2020 Bulkers is pleased to announce it has entered into a new the time charter for Bulk Sydney with Koch Shipping. Under the new time charter agreement, which will commence on February 19, 2023, the vessel will earn US$19,000 per day for the first 100 days, thereafter, the charter will convert to a 9-15 month index-linked charter, reflecting a significant premium to a standard Capesize vessel, as well as an additional premium related to the fuel cost saving from the scrubbers.

For further queries, please contact: 

Magnus Halvorsen, Chairman, 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.

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