John Fredriksen’s Golden Ocean Group reported the best quarterly and full-year results in its 26-year history in figures released on Wednesday.
Net earnings in the fourth quarter of 2021 were $203.8m, against $28m 12 months earlier, while full-year net profit was $527.2m, reversing a loss of $137.6m for 2020.
The Oslo-listed owner reported time charter equivalent rates for its capesize and panamax/ultramax vessels of $39,304 per day and $29,635 per day, respectively, and $35,256 per day for the whole fleet in the fourth quarter.
