Bulk

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
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
by ASTRID STURLASON

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

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