Bulk

Golden Ocean marked by slowdown – bottom line drops by more than USD 50m

Dry cargo operator Golden Ocean ended Q3 with a worse result than when it started, amidst what the company CEO deems to be a ”challenging freight environment.”
Photo: PR/Golden Ocean
Photo: PR/Golden Ocean
by DANIEL LOGAN, IDHA TOFT VALEUR

Golden Ocean saw net income of USD 104.6m in the third quarter, falling from USD 163.7m in the year’s second quarter.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs