Bulk

Ultrabulk's profit shows that the pandemic boom is over for dry bulk

With a decline of over 30%, the dry cargo operator’s results demonstrate that the pandemic boom has come to an end.
”We are also in continued close dialog with partners to build a number of dual-fuel ammonia dry cargo vessels for delivery in 2026 and 2027. We expect to finalize these negotiations during 2024,” says chief exec Hans-Christian Olesen. | Photo: Pr / Ultrabulk
”We are also in continued close dialog with partners to build a number of dual-fuel ammonia dry cargo vessels for delivery in 2026 and 2027. We expect to finalize these negotiations during 2024,” says chief exec Hans-Christian Olesen. | Photo: Pr / Ultrabulk
by LIV ALMER

The Chilean-owned dry cargo operator Ultrabulk, headquartered in Copenhagen, will have to settle for a much lower result in 2023.

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