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Copenship's revenue is growing

Copenship's revenue is approaching USD 180 million, and the carrier can present a solid result for 2013. And the coming years look promising. "We're generally very optimistic about 2014 and 2015," CEO Michael Fenger tells ShippingWatch.

Optimism reigns at the Copenship headquarters. Approximately one year ago CEO Michael Fenger was talking about a dry bulk market that was slowly thawing, and the market is certainly no longer frozen solid, at least when looking at the company's expectations.

"We're not done tallying the year yet, but things have gone pretty much as we expected, and we expect to land at an EBITDA (operating result) of USD three to four million," Michael Fenger tells ShippingWatch.

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