Western Bulk forecasts calmer dry bulk market after record half-year

Dry bulk operator Western Bulk expects to land a record-high profit in the first half-year. The second part of the year, however, the company anticipates ”somewhat lower results.”

Photo: PR/Western Bulk

Western Bulk expects to book a net profit of USD 37-40m in the year’s first six months which – if realized – will be the best half-year result in the company’s 40-year history.

The dry bulk carrier reports of having had an ”exceptionally good start to the year,” which affects the bottom line for the first half-year.

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