Ultrabulk Shipping remained in the black in 2015 and is predicting positive operating figures for 2016.
Per Lange-led Ultrabulk booked a profit of $1.4m last year. While its bottom line is down from $5.4m a year earlier the result marks a fourth successive annual profit since a loss was recorded in 2011.
According to the company’s annual report, operating profit for 2015 came in at $3.8m
