Ultrabulk expects profit in 2020 despite coronavirus
The coronavirus outbreak has created a weak first quarter for Ultrabulk, but the shipping line expects better rates later in the year. A Chinese aid package is expected to improve the global economy.
The first quarter of the year was weak for dry bulk shipping line Ultrabulk, but the market will improve as early as in the second and third quarters, the carrier writes in its financial report.
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