Western Bulk boosts profit in the second quarter

Norwegian Western Bulk increased its profit after taxes in the second quarter, where the company's key division WB Chartering, outperformed a very challenging market, says CEO Jens Ismar in the interim report. A cost reduction plan has started and already meant layoffs at the carrier.

BY KATRINE GRØNVALD RAUN

Norwegian dry bulk carrier Western Bulk improved its result after taxes in the second quarter of the year, according to the interim report released Thursday.

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Western Bulk boosts profit in the second quarter

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Dubai challenges Singapore as shipping's favorite city

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

John Fredriksen has increased his wealth by NOK 81bn this year

A simple reason could explain low dry bulk rates despite good demand

CMA CGM and Maersk will need help in new green lobbying alliance

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