US-based dry bulk shipping company Eagle Bulk thinks the dry bulk market is normalizing after bottoming out earlier in the year due to Covid-19, says CEO Gary Vogel in connection with the company's interim report for the third quarter.
"The Baltic Supramax Index continued to recover in the third quarter, since bottoming in April while in the midst of the global lockdown. I believe this positive trend is indicative of a normalization of freight demand," says Vogel.
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