Oslo, Norway, January 9, 2024
Commercial update:
In December 2023, the Company achieved average time charter equivalent earnings
of approximately US$37,700 per day, gross. The Company's four vessels trading on
index-linked time charter earned approximately US$50,500 per day, gross,
including average daily scrubber benefits of approximately US$3,000 per day. The
Company's four vessels trading on fixed time charter earned approximately
US$24,700 per day, gross, including average daily scrubber benefits of
approximately US$2,800 per day.
The Baltic 5TC Capesize Index averaged US$37,333 during December 2023.
Dividend:
The Board has approved a dividend of US$0.21 per share for December 2023.
Key information:
Distribution amount: US$0.21 per share
Declared currency: US$
Date of approval: January 8, 2024
Last day including right: January 22, 2024
Ex-date: January 23, 2024
Record date: January 24, 2024
Payment date: On or about January 31, 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.