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Golden Ocean books huge profit in the second quarter

Dry bulk carrier Golden Ocean is riding high following a major profit in the second quarter. "We are more excited about what lies ahead," notes CEO Ulrik Andersen in the interim report.

Photo: Avance Gas

John Fredriksen-controlled Golden Ocean is moving from a deficit to profit in the second quarter of the year, which was marked by the continued surge on the dry bulk market.

The Norwegian dry bulk carrier generated profit of USD 104.4 in the second quarter against a deficit of USD 41.2 million in the same period in 2020 when the Covid-19 pandemic kept activities down.

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