Dry bulk market expected to drop 2.4 percent this year
For the first time since 2009, the global dry bulk market is on track for a drop in 2020 due to the downturn created by the coronavirus pandemic, projects analysts at Arrow Shipbroking. But 2021 could develop in a completely different direction.
The coronavirus could hurt the global dry bulk market in 2020, and several major shipping companies are also prepared for a setback.
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