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Western Bulk Chartering AS ( (DE:7EJ) ) has issued an announcement.
Western Bulk Chartering reported strong gains in the sub-Cape segments during Q3, driven by robust grain exports and increased coal imports, leading to positive net results and increased contract values for Q4. Despite these gains, ongoing trade tensions between China and the U.S. and new export restrictions on critical minerals pose challenges, prompting the company to defer dividend decisions until the 2025 financial year, with an update expected in February 2026.
More about Western Bulk Chartering AS
Western Bulk Chartering is a global dry bulk operator and derivatives trader registered on Euronext Growth in Oslo. The company combines maritime knowledge with trading expertise, utilizing advanced risk management and market analytics to optimize fleet deployment and vessel-cargo matching, offering tailored solutions to meet customer needs.
YTD Price Performance: 13.24%
Average Trading Volume: 13,383
Current Market Cap: NOK517.7M
For detailed information about 7EJ stock, go to TipRanks’ Stock Analysis page.