Goodbulk reports a new profit despite weak dry bulk market
Dry bulk ship operator Goodbulk defied weak conditions in the first quarter, which became the company's eighth consecutive profitable quarter. But the result was a setback compared to last year, and even though the company is currently noting market improvements, there is still significant uncertainty.
by SIMON VALEUR
An income of USD 47.6 million in the first quarter resulted in a profit of USD 2.6 million for Goodbulk, according to the earnings report for the quarter.
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