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Western Bulk reports its best half-year result to date

Dry cargo firm Western Bulk more than triples its net result for the first six months of 2022, although the strong momentum is expected to somewhat diminish for the rest of the year.

Photo: Western Bulk

Western Bulk finished the first half of 2022 with its largest net profit on record in a market where ”[the high volatility] seen in 2021 continued into 2022.”

The dry bulk shipping company more specifically books a profit after taxes for the first half year of USD 37.4m against USD 9m in the same period last year, according to a financial statement.

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