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Shipping and offshore shares on Oslo Exchange had a tumultuous 2018

Offshore equities on the Oslo stock exchange are headed for a total – albeit slim – gain this year. 2018 did not exactly offer smooth sailing, and the summer was particularly disappointing, says analyst while eying better times in 2019. Others are not quite as positive.

Jinhui Shipping suffered new deficit in Q1

The first quarter 2017 brought the Oslo-listed dry bulk carrier a deficit of USD 8 million after taxes, though this represents a significant improvement from the first quarter 2016.

Jinhui portends significant third quarter deficit

Oslo-listed Jinhui Shipping and Transportation expects to book a significant consolidated deficit in the third quarter, informs management ahead of the dry bulk carrier's third quarter interim report.

Golden Ocean divesting bulk vessels on a large scale

Golden Ocean has signed numerous sales agreements for a total 14 Capesize vessels. Several vessels will be chartered back, says the carrier, which has also postponed the deliveries of several newbuildings in a tough market.

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