2020 Bulkers Ltd. (2020) Hedging transactions for two vessels from August 1 to December 31, 2025

25 Jul 2025 08:00 CEST

Oslo, Norway, July 25, 2025,

2020 Bulkers has entered into hedging transactions through forward freight
agreements (FFA) effectively securing an average fixed rate of approximately
US$33,700 per day, gross, for two vessels from August 1 to December 31, 2025.

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

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.

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