Golden Ocean reports small profit for Q3

Dry bulk carrier Golden Ocean achieved a profit of USD 400,000 in the third quarter, shows the interim report Tuesday morning. The carrier has implemented a series of initiatives aimed at maximizing utilization of the market, says CEO Birgitte Ringstad Vartdal.

by KATRINE GRØNVALD RAUN

The early fall months have reminded several dry bulk carriers what it feels like to turn a profit, though most of these profits clock in at the lowest end of the scale.

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