We reefed the sails expecting more trouble. We thought we should be conservative, so we took on some cargo and did a relatively high amount of hedging early on. In reality, we should have just done nothing.The ships are sailing in less lucrative waters than six months ago, and a new dry bulk upswing is hardly on the horizon.
Still, it's possible t...
Dry bulk manager sees advantage in exploding container rates: More customers are calling us
Despite a volatile dry bulk market, Ultrabulk can navigate to a sensible year, according to the CEO of the Danish dry bulk operator. He points to the exploding container rates as one of the opportunities of the year
Hans-Christian Olesen took over as CEO of Ultrabulk in March 2022. Photo: Ultrabulk/Kira Ursem
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