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Western Bulk Chartering AS ( (DE:7EJ) ) has provided an announcement.
Western Bulk Chartering AS announced the sale of its ultramax vessel, Western Fuji, built in 2020, generating a net profit of approximately USD 1.5 million. This transaction, resulting from the exercise of a purchase option, is expected to positively impact the company’s financials in the second quarter of 2025, reflecting its strategic fleet management and market positioning.
More about Western Bulk Chartering AS
Western Bulk is a global dry bulk operator and derivatives trader, registered on Euronext Growth in Oslo. The company combines maritime knowledge with trading expertise, using advanced risk management and market analytics to optimize fleet deployment and vessel-cargo matching, providing tailor-made solutions for customer needs.
YTD Price Performance: -1.44%
Average Trading Volume: 990
Technical Sentiment Signal: Strong Buy
Current Market Cap: €34.18M
For an in-depth examination of 7EJ stock, go to TipRanks’ Stock Analysis page.