Golden Ocean to freight containers in strained market

Norwegian dry bulk carrier Golden Ocean is considering to reclassify some of its vessels to sail with containers in order to profit from frantic container market. Updated.

Photo: PR/Golden Ocean

There is currently a shortage of vessels that can carry containers, so now the Norwegian dry bulk carrier Golden Ocean is contemplating whether to classify some of its vessels as container vessels to maximize its earnings, writes Bloomberg News.

"Whether this will be a major step for "the capes", I'm not so sure. But it is a testimony of the unusual situation we find ourselves in," says Golden Ocean CEO Ulrik Andersen, according to Bloomberg News.

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