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2020 Bulkers Limited: 2020 Bulkers Ltd. (2020) - Conversion of index-linked charter hire for Bulk Sao Paulo

Oslo, Norway, September 22, 2022

2020 Bulkers has today converted the index-linked charter for Bulk Sao Paulo into fixed rate charter at US$16,146 per day, gross, for the period from October 1, 2022, until March 31, 2023. In addition, the vessel will still earn a premium related to the fuel cost savings from the scrubbers.

For further queries, please contact:

Magnus Halvorsen, Chairman, 2020 Bulkers Ltd.

Telephone +47 920 20 111

About 2020 Bulkers Ltd.

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

Författare Cision