2020 Bulkers Ltd. (2020) – Hedging transaction for one vessel for Q2 2025

Oslo, Norway, March 14, 2025,
 
2020 Bulkers has entered into a hedging transaction through a forward freight agreement (FFA) effectively securing a fixed rate of approximately US$32,400 per day, gross, for one vessel for the second quarter of 2025.
 
In addition, the Company will continue to earn scrubber benefits during the fixed rate period.
 
For further queries, please contact:
Magnus Halvorsen, Chairman, 2020 Bulkers Ltd.
Telephone +47 920 20 111
 
About 2020 Bulkers Ltd.
2020 Bulkers has six Newcastlemax dry bulk vessels in operation. All vessels are fitted with exhaust scrubber systems.