Dry bulk rates have been more or less steadily increasing since the market hit an all-time low in 2016, and the chief executive of US-based dry bulk ship operator Eagle Bulk expects that this trend will continue in the years to come.
"We're basically in the fourth year of a recovery, which is driven by a very limited supply of ships together with general economic growth," says Eagle Bulk's CEO Gary Vogel in an interview with Bloomberg.
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