Ultrabulk performs well in difficult market

Danish carrier Ultrabulk presents a solid result for the first half of 2013, according to the company's financial report. The shipping company achieved a deficit and growth across the board.

Dry bulk carrier Ultrabulk performed well across the board in the financial report for the first half of 2013. Ultrabulk achieved a net profit of USD 10.5 million, compared to a USD 6 million profit in the same period last year. And the company's operational result (EBITDA) also grew from USD 8.2 million in the first half of 2012 to USD 12.8 in 2013, while revenues increased 19 percent, from USD 336 million to USD 400 million.

Ultrabulk continues significant fleet renewal

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs