Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Western Bulk Chartering AS ( (DE:7EJ) ) has shared an announcement.
Western Bulk Chartering AS has announced the sale of its ultramax vessel, Western Singapore, resulting in a net profit of approximately USD 1.5 million. This transaction, following the exercise of a purchase option, leaves the company with one remaining purchase option in its trading book, potentially impacting its future operational strategies 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, utilizing advanced risk management and market analytics to optimize fleet deployment and vessel-cargo matching, offering customized solutions for its clients.
YTD Price Performance: 6.73%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €37.91M
For a thorough assessment of 7EJ stock, go to TipRanks’ Stock Analysis page.