ShippingWatch

Upturn surprises Ultrabulk: "We did not expect the quarter to be this strong"

While several dry bulk players report of great progress, dry bulk operator Ultrabulk sets forth a more cautious approach. "We probably didn't profit optimally in the first quarter," says CEO Per Lange to ShippingWatch.

Dry bulk operator Ultrabulk is off to a good start in 2021, even though the company did not profit optimally in the first quarter, says Per Lange, CEO of Ultrabulk. | Photo: Ultrabulk / PR

The dry bulk market got off to an exceptionally good start in 2021, and this was felt at Denmark-based Ultrabulk.

But even though the first quarter saw an upturn in business for the dry bulk operator, CEO Per Lange thinks the company could have profited more optimally in the first three months of the year, he tells ShippingWatch in an interview.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Tradelens hopes for active participation from two major Maersk rivals

Hapag-Lloyd and ONE are conspicuously absent on the digital platform Tradelens even though they announced their involvement two years ago. "We are hopeful that they will be joining very soon," says Head of Tradelens Mike White. A final decision from Hapag-Lloyd is expected before long.

Argentine port workers strike for access to Covid-19 vaccines

Nine unions representing Argentine port workers have announced a 24-hour strike in protest against the lack of access to coronavirus vaccines. The strike takes place amidst a new coronavirus outbreak in the country, which is a major dry bulk exporter.

Further reading

Related articles

Latest news

See all jobs