2020 Bulkers has entered into an additional hedging transaction through a forward freight agreement (FFA) effectively securing a fixed rate of approximately US$30,100 per day, gross, for one vessel for the second quarter of 2025.
The Company has now entered into hedges for two vessels for the equivalent of approximately US$31,300 per day, gross, for the second quarter of 2025. Both vessels will additionally earn scrubber benefits.
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