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"It was definitely better than we had feared"

The dry bulk market got off to a rough start in 2017 but in mid-February things began to turn around. The quarter was better than expected, says Golden Ocean CEO, Birgitte Vartdal. A Danish dry bulk carrier is also cautiously optimistic.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

Nordic Shipholding lowers guidance again

Nordic Shipholding has decided to downgrade its expectations for 2017 once again. The company now expects a slightly bigger deficit than before, says the carrier in its interim report.

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