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Morgan Stanley: These carriers will book bulk industry's first profits

Three listed dry bulk carriers will break the negative cycle and be the first to present positive earnings in the dry bulk market, according to Morgan Stanley, as rates on this market continue to rise.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

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