2020 Bulkers Ltd. (2020) - Extended time charters for Bulk Santos and Bulk Sao Paulo

Oslo, Norway - 23 May 2025

2020 Bulkers is pleased to announce it has extended the index-linked time charters with 11-13 months for Bulk Santos and Bulk Sao Paulo with Costamare Bulkers.

The index-linked charters reflect a significant premium to a standard Capesize vessel, as well as an additional premium related to the fuel cost saving from the scrubbers.

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

2020 Bulkers Limited press release