Oslo-listed 2020 Bulkers has revealed its new ships out-performed the Baltic Exchange average during November, as it returned more money to shareholders.
The Tor Olav Troim-backed shipowner said its four operational 208,000-dwt Newcastlemaxes achieved average time charter equivalent (TCE) earnings of $24,466 per day last month.
The vessels trading on index-linked time charters earned $28,594 per day and the fixed-rate ships achieved $20,888 per day.
