Norway: Better than expected results for Golden Ocean in Q1 2017
24.05.2017 Norway: Better than expected results for Golden Ocean in Q1 2017Hegnar Online, 24 May 2017, online:-
Top-line growth of Norway-based dry bulk shipping company Golden Ocean was USD 84mn (EUR 74.95mn) in Q1 2017 compared DNB Market's expectation of USD 52mn. EBITDA amounted to USD 17mn against predicted USD 9mn. Golden Ocean stated that the order book has been at acceptable levels, and new regulations should help to keep up the company's businesses.
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