2020 Bulkers Ltd. (2020) Hedging transaction for one vessel for Q2 2025

14 Mar 2025 08:25 CET

Oslo, Norway, March 14, 2025,

2020 Bulkers has entered into a hedging transaction through a forward freight
agreement (FFA) effectively securing a fixed rate of approximately US$32,400
per day, gross, for one vessel for the second quarter of 2025.

In addition, the Company will continue to earn scrubber benefits during the
fixed rate period.

For further queries, please contact:
Magnus Halvorsen, Chairman, 2020 Bulkers Ltd.
Telephone +47 920 20 111

About 2020 Bulkers Ltd.
2020 Bulkers has six Newcastlemax dry bulk vessels in operation. All vessels
are fitted with exhaust scrubber systems.

More information:
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