Solid increase in Net TC and positive EBITDA in 1H-17
In the first half of 2017 the Western Bulk Group posted a
positive EBITDA of USD 0.7 million and a net result of USD -
-2.1 million, a significant improvement from 2016. The net
result also exhibited a very positive development during the
first half of 2017, increasing from the first to the second
quarter, yielding a positive net result for the second
quarter of 2017.
Please see enclosed for the full press release and the First half
half year 2017 report.
Contacts
For more information, please contact:
Jens Ismar, Chief Executive Officer
Tel: +47 9009 0897
E-mail: jens.ismar@westernbulk.com
About Western Bulk Chartering:
Western Bulk Chartering AS is a major dry bulk shipping
operator. The company is privately owned by a group of about
250 shareholders. See www.westernbulk.com for more
information. Western Bulk Chartering AS is registered on
N-OTC, and has an outstanding bond loan trading on Nordic A
ABM under the ticker symbol "WBULK01 PRO".