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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

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

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