Western Bulk pins hope on second half turnaround
Oslo-based dry bulk operator Western Bulk is expecting a boost from IMO’s new sulphur rules from the third quarter. It is also expecting to raise $15m in equity guaranteed by its main shareholders Kistefos and Ojada
The dry bulk market has started 2019 with a more ‘sober tone’ following a disappointing fourth quarter, says Western Bulk’s chief executive Jens Ismar
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