New Time Charters for 2020 Bulkers’ Scrubber-Equipped Pair

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Credit: Peter/unsplash

Oslo-headquartered 2020 Bulkers has announced it has entered into new index-linked time charters for the scrubber-equipped Bulk Santos and Bulk Sao Paulo with a European charterer.

‘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,’ the company said on Friday (20 January).

Both vessels feature Alfa Laval open-loop exhaust gas cleaning systems. The vessels have capacity for 4,900 cubic metres (cbm) of heavy fuel oil and 560 cbm of marine gasoil.

2020 Bulkers confirmed that the new time charters will commence immediately on redelivery from their current employment, expected between May and August 2023, with a duration up until 1 April  2025 to 31 June 2025.

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Source: ship energy