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. 

Investor Relations

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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