Small bulker shipowner Wilson has beaten the downturn in the market, in contrast to those with larger dry cargo tonnage.
The Norwegian company, which is controlled by the Kristian Eidesvik outfit Caiano, has reported a pre-tax profit of €16.2m ($18.5m) for 2018, up from €8.2m in 2017.
Gross revenue increased from €264m to €274m. The contract coverage for Wilson was 55.8%
