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Golden Ocean looks to dry bulk market strength in 2021

John Fredriksen’s dry bulk outfit Golden Ocean reported a rise in third quarter of the year profit compared with the year-earlier period and is looking to next year for continued strength

With demand recovering and vessel supply decreasing, Oslo-based Golden Ocean is positive for a market lift next year and in 2022. Despite strong third quarter of the year results, it did not declare a dividend due to ‘near-term volatility and rapid change in sentiment’

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