Brief: 2020 Bulkers To Sell Its Newcastlemax Vessels

2020 Bulkers

17/11/2025 06:28

Nov 17 (Reuters) - 2020 Bulkers Ltd. 20202.OL:

SAID ON SUNDAY HAS SIGNED AGREEMENTS TO SELL EACH OF ITS 2020 BUILT NEWCASTLEMAX VESSELS, BULK SYDNEY AND BULK SANTOS

TO SELL TO AN UNAFFILIATED THIRD PARTY FOR A TOTAL CONSIDERATION OF $145.5 MLN

EXPECTS TO RECOGNIZE A NET BOOK GAIN OF ABOUT $61 MLN UPON COMPLETION OF THE TRANSACTIONS

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