GoodBulk underlines preference for capes as earnings climb
John Michael Radziwill-led GoodBulk has not hidden its bullishness about the capesize market since it was launched on the Norwegian over-the-counter market less than two years ago, and has not swayed now from its view that the market recovery has a way to run. While posting increased profits for the second quarter of this year, the owner of 27 bulkers has noted that since then capesize earnings have strengthened considerably over the summer
Fast-growing bulker owner quadruples second-quarter profits and backs recovery to continue