ShippingWatch

2020 Bulkers reports million dollar profit for second quarter

In a challenging period for the dry bulk market, Tor Olav Trøim's dry bulk operator 2020 Bulkers was able to deliver a million dollar profit. Following delivery of the last of a total of eight vessels, the company's focus is now to create returns for its investors.

2020 Bulkers CEO Magnus Halvorsen. Photo: Marine Money

In a challenging second quarter for the dry bulk market, 2020 Bulkers, founded by Tor Olav Trøim, reports a solid profit.

The operating profit for the second quarter was a deficit of USD 4.7 million, while the result after taxes came to USD 2.4 million.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news

Jobs

See all

See all