2020 Bulkers Ltd. (2020) - New time charters for Bulk Santos and Bulk Sao Paulo

20 Jan 2023 08:11 CET

Oslo, Norway, January 20, 2023

2020 Bulkers is pleased to announce it has entered into new index-linked time
charters for Bulk Santos and Bulk Sao Paulo with a European charterer. The index
-linked charters reflect a significant premium to a standard Capesize vessel, as
well as an additional premium related to the fuel cost saving from the
scrubbers.

The new time charters will commence immediately on redelivery from their current
employment, expected between May and August 2023, with a duration up until April
1, 2025 to June 31, 2025.

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.

More information:
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