2020 Bulkers Ltd. (2020) – Extended time charter for Bulk Shanghai
Hamilton, Bermuda, 18 September 2020,
2020 Bulkers has extended the time charter for Bulk Shanghai with ST Shipping, a fully owned subsidiary of Glencore for a period of 6-8 months from 4 October 2020. The vessel will from 4 October 2020 earn a fixed rate of USD 18,000 per day, gross, as well as share of the fuel savings generated from the scrubber.
Magnus Halvorsen, CEO of 2020 Bulkers Management AS says: “We are pleased to further develop our good relationship with Glencore. The extended time charter for Bulk Shanghai secures cash flow through the first quarter of 2021 at a level above our average operating cash breakeven which is estimated at approximately USD 14,000 per day for 2021”.
For further queries, please contact:
Magnus Halvorsen, Chief Executive Officer, 2020 Bulkers Management AS
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.
This announcement includes forward looking statements. Forward looking statements are, typically, statements that do not reflect historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this announcement are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although 2020 Bulkers Ltd. believes that these assumptions are reasonable, they are, by their nature, uncertain and subject to significant known and unknown risks, contingencies and other factors which are difficult or impossible to predict and which are beyond our control. Such risks, uncertainties, contingencies and other factors could cause actual events to differ materially from the expectations expressed or implied by the forward-looking statements included herein.
The information, opinions and forward-looking statements contained in this announcement speak only as of the date hereof and are subject to change without notice.
MND : Compte rendu de l'assemblée générale mixte de MND du 23 décembre 2020
MND (Euronext Growth - FR0011584549 - ALMND), groupe industriel français spécialiste de la mobilité par câble, des systèmes d'enneigement, de la sécurité en montagne et des infrastructures de loisirs à sensations, a réuni ses actionna...
Information on the over-allotment option and end of the stabilisation period
THIS PRESS RELEASE IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATIO...
Information om övertilldelningsoptionen och avslutande av stabiliseringsperiod
DETTA PRESSMEDDELANDE ÄR EJ FÖR OFFENTLIGGÖRANDE, PUBLICERING ELLER DISTRIBUTION, VARKEN HELT ELLER DELVIS, DIREKT ELLER INDIREKT, I ELLER TILL USA, AUSTRALIEN, KANADA, HONGKONG, JAPAN, NYA ZEELAND, SINGAPORE, SYDAFRIKA, SYDKOREA, SCHWEIZ ELLER TILL JURISDIKTION DÄR OFFENTLIGGÖRANDE, PUBLICERI...
GAUSSIN félicite l'équipe Rebellion pour sa belle performance au Dakar 2021
GAUSSIN (EURONEXT GROWTH : ALGAU - FR0013495298), leader du transport de marchandises propre et intelligent, félicite son partenaire, l'équipe suisse Rebellion, pour sa belle performance lors de l'édition 2021 du Dakar, arrivé ce jour à Jeddah (Arabie saoud...