Five days of massive losses tremble the bulk industry
Over the course of five days, four of the world's pace-setting dry bulk carriers publish their annual reports. One thing is certain: Huge sums have been lost on the oceans, and 2016 does not look any better. Lauritzen was first to present a big deficit.
BY TOMAS KRISTIANSEN
If anyone doubted the dire situation in the global dry bulk industry, all they have to do is follow the news for the next five business days. Four of the world's leading dry bulk carriers: Financial figures from J. Lauritzen, Scorpio Bulkers, Pacific Basin and Norden paint a picture of an industry which has never fared worse.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Norden: We are doing better than many of our peers
For subscribers
Cargill plans to close its London shipping office
For subscribers
.jpg&w=384&q=75)
