Golden Ocean increased its earnings in fourth quarter – but prepares for hard times
Earnings rose in the fourth quarter for Golden Ocean, but looking at 2019 as a whole, its result was more than halved. At the same time, the Coronavirus outbreak has delayed scrubber installations on several of Golden Ocean's ships.
Things were looking up for John Fredriksen-controlled shipping line Golden Ocean in the last three months of 2019, shows the carrier's financial report on the fourth quarter and the full year, published Tuesday.
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