Golden Ocean Group Reports First Quarter Net Loss of $160.8 Million, as Dry Bulk Market Collapses

Capt. John

Golden Ocean Group Limited, a leading dry bulk shipping company, announced its results for the quarter ended March 31, 2020. Highlights ▪ Net loss of $160.8 million, including non-cash adjustments of $125.6 million, for the first quarter of 2020. ▪ Adjusted EBITDA of $12.3 million for the first...

https://www.hellenicshippingnews.com/golden-ocean-group-reports-first-quarter-net-loss-of-160-8-million-as-dry-bulk-market-collapses/

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