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Golden Ocean still confident in spot market

Norwegian Golden Ocean finished the fourth quarter 2013 with an operating profit of USD 32 million. With prospects of a positive spot market, the carrier's fleet will remain heavily exposed to the market.

Photo: Golden Ocean

Dry bulk carrier Golden Ocean finished the fourth quarter 2013 with a USD 32 million operating profit (EBITDA) and a net result of USD 18 million, which marks a USD two million improvement over the same period last year. The result also surpassed analyst expectations, at USD 16.3 million.

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