16/11/2022at 13:35

Golden Ocean CEO puts his faith in reopening of China

Golden Ocean’s CEO, Ulrik Andersen, expects a difficult dry cargo market until China reopens, he tells ShippingWatch. The carrier’s profit dipped significantly in the recent quarter.

by IDHA TOFT VALEUR

Norwegian dry bulk operator Golden Ocean’s net profit declined markedly in Q3, and markets will remain weak until China starts loosening its Covid policy.

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Golden Ocean CEO puts his faith in reopening of China

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

Golden Ocean: CII has been invented in a theoretical world

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Front page now

Customers react to Maersk bidding Hamburg Süd name farewell: "Tampering with family heirlooms"

Carriers confirm downturn: Party came to a halt in the fall

Shipping bank directs attention to car carriers – first loan has already been granted

ONE puts new figures on rate collapse – important route declined by 26 percent

Wärtsilä books major loss from Russian exit

Hapag-Lloyd makes headway in 2022 despite year-end downturn

Further reading

Carriers confirm downturn: Party came to a halt in the fall

Drewry director eyes one central weakness in Maersk's strategy

ONE puts new figures on rate collapse – important route declined by 26 percent

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