An upturn in the dry cargo market has helped Western Bulk break back into the black in 2017.
Oslo over the counter listed Western Bulk saw its bottom line climb to $4.3m, a swing from the $20.1m red figure logged in 2016.
Jen Ismar, chief executive of Western Bulk, said: “Performance has improved significantly, reaching historical levels, and the last quarter being the best in five years.
