Norwegian dry bulk operator Western Bulk Chartering has locked in about $1.5m profit from the sale of a 2020-built ultramax picked up by exercising a purchase option. The Oslo-listed company has offloaded the Western Singapore to Thai bulker owner Precious Shipping for $28m. The purchase option was...
https://splash247.com/western-bulk-pockets-1-5m-profit-from-ultramax-sale/