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.

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
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading