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Dry bulk industry only halfway through the crisis

Although things are improving in the dry bulk sector, profitability is still far off. Fearnleys estimates that the carriers have only come halfway through the crisis. However, 2019 could bring a much-needed boost to the sector.

So far, 2017 seems to be the year where dry bulk carriers can finally report overall improvement. Financial results across the board have been much better than in 2016, and shareholders generally seem to be pleased as share prices climb.

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