Falcon prepares for decreased earnings after exiting Russia

Danish dry bulker Falcon started 2022 with a generational change in ownership, and the challenges for the bulker did not stop there.
Falcon's new vessel, "Formentera," was delivered in late 2022 | Photo: Falcon
Falcon's new vessel, "Formentera," was delivered in late 2022 | Photo: Falcon

The war in Ukraine continues to be consequential, and even though Denmark-based dry cargo carrier Falcon’s profit only shrunk a bit in 2022, the carrier expects earnings to decrease even further.

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