Net profit ran to $5.8m which was a big turnaround from a loss of $90.7m through the first half of 2014.
Pacific Basin’s core dry bulk business however continued to be in the red turning in a net loss of $15.4m.
Chief executive, Mats Berglund, said the result should be seen in the context of one of the weakest ever half year periods for the dry bulk market.
Pacific
