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Dry Bulk Golden Ocean Finance

Golden Ocean profit falls amid ‘stable but subdued’ market

Third-quarter earnings per share of $0.14 above Jefferies estimates, but aligns with consensus of $0.08 when excluding derivative gains

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Bulker owner’s third-quarter net income cut by more than two-thirds compared with the same period last year yet remained solidly in the black amid ‘subdued’ market sentiment. Interim chief executive Lars-Christian Svensen expects near term growth in tonne-mile demand and is bullish on the supply side picture

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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