Q3 2021 2020 Bulkers Ltd Earnings Call Transcript

Oct 27, 2021 / 01:00PM GMT
Operator

Good day, and thank you for standing by. Welcome to the 2020 Bulkers Ltd. earnings call for Q3 2021. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Magnus Halvorsen. Please go ahead.

Magnus Halvorsen - 2020 Bulkers Ltd. - Chairman of the Board

Thank you, operator. Welcome, everyone, to the third-quarter 2021 earnings conference call for 2020 Bulkers. As usual, I'm also joined here today by our CFO, Vidar Hasund.

Before we start the presentation, we'd like to remind you that we will be discussing matters that are forward-looking in nature. These forward-looking assumptions are based on the company's current views with regards to future events and are subject to risks and assumptions that are subject to uncertainty. Actual results may differ materially. And with that, I'll leave it over to the highlights for the quarter.

2020 Bulkers generated a record net profit of $21.6 million in the third quarter. We

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