Hamilton, Bermuda, June 8, 2021
Commercial update:
In May 2021, the Company achieved average time charter equivalent earnings of approximately US$43,700 per day, gross. The Company’s six vessels trading on index-linked time charter earned approximately US$48,400 per day, gross, including average daily scrubber benefits of approximately US$2,200 per day. The Company’s two vessels trading on fixed time charter earned approximately US$29,800 per day, gross, including average daily scrubber benefits of approximately US$2,400 per day.
The Baltic 5TC Capesize Index averaged US$35,508 during May 2021.
Dividend:
The Board has approved the payment of a dividend of US$0.30 per share for May 2021.
Key information:
Dividend amount: US$0.30 per share
Declared currency: US$
Date of approval: June 7, 2021
Last day including right: June 16, 2021
Ex-date: June 17, 2021
Record date: June 18, 2021
Payment date: On or about June 29, 2021
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.
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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.