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Mats Berglund sees several stronger years ahead for dry bulk

Mats Berglund, CEO of dry bulk major Pacific Basin, is cautiously optimistic and expects a stronger market to emerge, above all for minor bulk. And it may last a couple of years, he explains to ShippingWatch.

Photo: PR / Pacific Basin

Headquartered in Hong Kong, Pacific Basin CEO Mats Berglund has looked a lot towards China in his attempt to read the bulk market, invest accordingly and position the company, hopefully better than his peers.

And he still does. Now, perhaps more than ever. There are a number of signals from the mainland which are no longer just about coal and iron ore, the two traditional commodities that have empowered the trade with China driven by infrastructure spending and a record-high national steel production. It is also about minor bulks, grain, soy beans, African swine fever and international political tensions.

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