Western Bulk nets $4.5m from sale of modern ultramax

Norwegian dry bulk operator Western Bulk Chartering has bagged around $4.5m in profits from the sale of a 2019-built ultramax. The Western Oslo has been offloaded to an undisclosed buyer after the Oslo-listed company exercised a purchase option at Nisshin Shipping. “It stands as a testament to our team’s expertise and strategic approach, enabling us …

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