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Goodbulk Ltd. Spot Employment Outperforms The Capesize Market | Hellenic Shipping News Worldwide

Goodbulk Ltd. Spot Employment Outperforms The Capesize Market | Hellenic Shipping News Worldwide
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Goodbulk Ltd , Capesize Chartering Ltd , Company Capesize , Capesize Chartering , Revenue Sharing Agreement , Baltic Capesize Index , Baltic Panamax Index , Baltic Supramax Index , Operations First Quarter ,

GoodBulk ltd. Reports Net Profit of $3.1 Million as First Quarter Capesize Market the Best Since 2014


GoodBulk ltd. Reports Net Profit of $3.1 Million as First Quarter Capesize Market the Best Since 2014
GoodBulk Ltd., a leading owner and operator of dry bulk vessels, announces its financial results for the first quarter of 2021.
1st Quarter Highlights
• Generated $15.4 million EBITDA and $3.1 million of net profit, after $10.2 million depreciation, resulting in earnings per share of $0.10.
• On 2 March 2021 the Board of Directors authorized the payment to Shareholders of $10.2 million ($0.34 per share) as capital repatriation.
• Ended the period with a cash balance of $24.8 million and net working capital of $22.5 million, totaling $47.3 million.
• Earned an average gross Time Charter Equivalent rate (TCE) of $14,592 per day on our Capesize vessels and $12,954 per day on our Panamax vessel. ....

Port Hedland , Western Australia , Capesize Chartering Ltd , Company Capesize , Goodbulk Ltd , Time Charter Equivalent , Baltic Capesize Index , Operations First Quarter , Capesize Chartering , Revenue Sharing Agreement , போர்த் ஹெட்லாண்ட் , மேற்கு ஆஸ்திரேலியா , நேரம் சாசனம் இணையான , செயல்பாடுகள் முதல் காலாண்டு ,