2020 Bulkers
2020 Bulkers Ltd. (2020) - Commercial update and key information relating to the cash distribution for November 2023
Oslo, Norway, December 8, 2023
Commercial update:
In November 2023, the Company achieved average time charter equivalent earnings of approximately US$35,400 per day, gross, for the Company's vessels trading on index-linked time charter, including average daily scrubber benefits of approximately US$1,700 per day.
The Baltic 5TC Capesize Index averaged US$24,003 during November 2023.
Cash Distribution:
The Board has approved a cash distribution of US$0.18 per share for November 2023. The distribution will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account.
Key information:
Distribution amount: US$0.18 per share
Declared currency: US$
Date of approval: December 7, 2023
Last day including right: December 20, 2023
Ex-date: December 21, 2023
Record date: December 22, 2023
Payment date: On or about January 4, 2024
For further queries, please contact:
Magnus Halvorsen, Chairperson, 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.
| Datum | 2023-12-08, kl 08:00 |
| Källa | Cision |
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