2020 Bulkers converts another index-linked contract to fixed rates

Tor Olav Trøim-backed 2020 Bulkers has switched another one of its newcastlemaxes from index-linked to a fixed-rate charter. The Oslo-listed owner of eight scrubber-fitted newcastlemax bulk carriers has fixed the 2019-built Bulk Santiago to Koch Shipping at $25,024 per day, plus scrubber benefit. Earlier this week, the company converted to fixed rates on the 2019-built …

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