Picture of Golden Ocean logo

GOGL Golden Ocean News Story

0.000.00%
no flag iconLast trade - 00:00
IndustrialsAdventurousMid CapValue Trap

Dry bulk shipper Golden Ocean warns on profit over coronavirus

OSLO, Feb 18 (Reuters) - Dry bulk shipping firm Golden Ocean
 GOGL.O  GOGLT.OL  said on Tuesday its profit will be hit by a
slowdown in demand due to the coronavirus outbreak in China.
    "The market is currently presenting a challenging scenario
that will impact our results in the near term," Golden Ocean
said in a statement.
    "It is too early to forecast the potential impact of the
coronavirus beyond the short term and information being released
from China does not provide a complete view of its current
impact," the Oslo and New York-listed firm added.

 (Reporting by Terje Solsvik; editing by David Evans)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))

Recent news on Golden Ocean

See all news