Brief: 2020 Bulkers Board Approves Cash Distribution Of $0.06 Per Share For August 2022

2020 Bulkers

07/09/2022 07:14

Sept 7 (Reuters) - 2020 Bulkers Ltd  20202.OL :
    * BOARD HAS APPROVED A CASH DISTRIBUTION OF US$0.06 PER
SHARE FOR
AUGUST 2022
    * BALTIC 5TC CAPESIZE INDEX AVERAGED US$9,339 DURING AUGUST
2022
    * IN AUGUST 2022, COMPANY ACHIEVED AVERAGE TIME CHARTER
EQUIVALENT
EARNINGS OF APPROXIMATELY US$21,800 PER DAY, GROSS
    * CO'S SIX VESSELS TRADING ON INDEX-LINKED TIME CHARTER
EARNED
ABOUT US$16,700 PER DAY, GROSS, INCLUDING AVERAGE DAILY SCRUBBER
BENEFITS OF ABOUT US$4,000 PER DAY
    * CO'S TWO VESSELS TRADING ON FIXED TIME CHARTER EARNED
ABOUT
US$37,000 PER DAY, GROSS, INCLUDING AVERAGE DAILY SCRUBBER
BENEFITS OF ABOUT US$5,300 PER DAY

Source text for Eikon:  ID:nObig74zna 
Further company coverage:  20202.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))