FreightWaves Staff
Tuesday, November 19, 2019
Profits plunge at life’s end for Indo-Singaporean dry bulk carrier Seroja
Fortune has taken a decidedly downward trajectory for Indonesia-focused dry bulk ocean carrier Seroja, which saw a dramatic decrease in profitability in the third quarter of 2019. But that won’t worry the company – it has just agreed to sell its entire business for $32 million.
