2020 Bulkers Ltd. (2020) - New time charter for Bulk Sydney

24 Jan 2023 10:07 CET

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.

More information:
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