Western Bulk H1 FY26 net loss widens to USD 6.6 million
Reuters2026/08/14 14:38- Western Bulk Chartering posted a H1 2026 net loss of USD 6.6 million, widening from a USD 2.1 million loss a year earlier.
- Net TC Result fell to USD 5.2 million, with Net TC margin sliding to USD 247 per ship day across 116 vessels.
- Management cited length-building for a stronger H2 forward curve, with three vessels temporarily held up in the Persian Gulf.
- CEO Torbjørn Gjervik said the book of cargo, tonnage and derivative commitments entering H2 is stronger than a year ago.
- The board opted not to declare a dividend for Q2 2026, while expecting full-year 2026 to be profitable.
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