Star Bulk CEO: Dry bulk market is driven by global stimulus projects

After a tough start to 2020, things began to brighten in the dry bulk market in the third quarter, says Star Bulk Carriers CEO. The company delivers a new profit and has a positive view of the future.

Petros Pappas serves as both CEO and chairman of Star Bulk Carriers. Photo: Marine Money

Stimulus projects across the globe, aimed at kick starting the economy following the coronavirus crisis, keeps the wheels spinning on the dry bulk market, says Greek operator Star Bulk Carriers.

"Our outlook for the market continues to be constructive, despite the uncertainty stemming from the Covid-19 pandemic," says CEO Petros Pappas in the shipping company's latest interim report.

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