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

23 May 2025 14:30 CEST

Oslo, Norway, May 23, 2025

2020 Bulkers is pleased to announce it has extended the index-linked time
charters with 11-13 months for Bulk Santos and Bulk Sao Paulo with Costamare
Bulkers. 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.

For further queries, please contact:
Lars-Christian Svensen, Chief Executive Officer, 2020 Bulkers Management AS.
Telephone +47 476 38 756

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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