2020 Bulkers Ltd.

2020 Bulkers Ltd. is a Bermuda-based independent dry bulk shipping company specializing in the ownership and operation of large Newcastlemax vessels. Its fleet consists of six scrubber-fitted, fuel-efficient 208,000 DWT dry bulk carriers, including Bulk Sandefjord, Bulk Santiago, Bulk Shenzhen, Bulk Sydney, Bulk Sao Paulo, and Bulk Santos, with an average age of approximately five years. The company's primary mission is to create value for customers and investors through safe, reliable operations and positioning itself as a preferred service provider in the bulk shipping sector. 2020 Bulkers focuses on transporting key commodities such as iron ore, bauxite, and coal, benefiting from favorable market dynamics like limited newbuild orderbooks and increasing tonne-mile demand. With a lean team of seven employees, it emphasizes low cash breakeven costs around US$11,500 per ship per day and a strategy of index-linked time charters with options for fixed rates. The company maintains a strong commitment to shareholder returns via consistent monthly dividends and comprehensive investor communications.