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Western Bulk aims for listing in third quarter

The strong dry bulk market is prompting Norway's Western Bulk to aim for a listing in the third quarter. The carrier projects that the market will strengthen in the second half of the year.

Photo: Western Bulk

Western Bulk reports significant growth on all accounting items in the first six months of the year, and the promising progress is causing the Norwegian dry bulk operator to aim for a listing in the third quarter.

In the first half of the year, the company books a net profit of USD 9.0 million against a deficit of USD 2.9 million in the same period last year, according to the accounts published Thursday.

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