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Golden Ocean projects increased scrapping of capesizes

The number of capesize vessels scrapped in the first quarter is already about surpass the full year 2019. Golden Ocean expects that more will be scrapped this year. However, an improvement in rates is expected to slow the scope of scrapping, according to Bimco.

Ulrik Andersen is the new CEO of John Fredriksen's dry bulk ship operator Golden Ocean. Photo: Avance Gas

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