Western Bulk sees opportunities in widespread uncertainty

Norwegian dry cargo carrier Western Bulk began 2023 with a slump, but its chief executive expects rising earnings for the coming months. The US and Europe could hinder growth.
Photo: Western Bulk
Photo: Western Bulk

Western Bulk’s fleet of chartered bulkers continue to sail at steadily lowering rates in 2023, following the shift of 2022 when growth was replaced by a downturn.

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