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Dry Bulk Finance Environment

Golden Ocean sees ‘dramatic’ recovery in dry bulk rates

The John Fredriksen-owned dry bulk outfit posts a $33m loss in the second quarter versus a $9m profit a year earlier. But it reports a ‘dramatic turnaround’ in dry bulk rates so far in the third quarter, and expects that to continue for the balance of the year

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Golden Ocean has exercised options for four more scrubbers, taking the total to 23 on its capesize vessels

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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