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Golden Ocean: "We have placed our bets well"

With soaring capesize rates and a dry bulk market in long-term upturn, Golden Ocean sees its bets in the market paying off. The CEO expects to remain exposed to the spot market in 2021. The unusual market is in clear contrast to this time last year, when Andersen entered the CEO office at Golden Ocean.

Photo: Avance Gas

Norwegian dry bulk company Golden Ocean benefits from a strong rate-run in the capesize market.

The shipping company's CEO, Ulrik Uhrenfeldt Andersen, says made the right decision to go enter the second quarter with its entire capesize fleet exposed to the spot market.

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