Wilson ASA's second quarter turnover and profit are both down compared with the same period last year.
The operator of owned and chartered mini-bulkers saw average daily earnings drop.
They fell from NOK 28,487 ($5,200) in the 2nd quarter of 2010 to NOK 23,257 in the same period this year. This equates to about $1,000 per day.
The Bergen-based company occupies the small-size end of the bulker market.
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