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2020 Bulkers books significantly higher profit in the first quarter

Dry bulk company 2020 Bulkers saw its result improve significantly in the beginning of 2021 compared to the same period last year. The progress in ships earnings have continued into the second quarter, according to the company.

Photo: Colourbox

Dry bulk company 2020 Bulkers is having a noticeably better start to 2021 with a net result of USD 5.8 million, which is a significant improvement from the same period last year.

At the same time, the bottom line showed a profit of USD 0.3 million for the company, which has eight Newcastlemax dry bulk ships in operation.

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