Bulk

Golden Ocean in strong finish to 2016

Norwegian dry bulk carrier Golden Ocean benefited from the rate hike in late 2016, and the company also managed to reduce its full-year deficit compared to 2015. CEO Birgitte Vartdal eyes signs of improvement in the strained dry bulk market.
Photo: Golden Ocean
Photo: Golden Ocean
by NIKLAS KRIGSLUND

Dry bulk carrier Golden Ocean, controlled by Norwegian John Fredriksen, had a strong finish to 2016 as rates suddenly soared in the final months of the year.

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