Golden Ocean Group plans to switch its focus to the strengthening capesize market for the rest of this year.’

Ulrik Andersen told TradeWinds that the bulker company, which is backed by shipowner John Fredriksen, is seeing interest from US investors — but trade with Russia remains a headache.

BOOKING AHEAD

Golden Ocean‘s forward bookings for the third quarter stand at just 15% of its capesize days at $38,200 per day on average and 33% of panamax days are booked at $34,900 per day for the period.

As