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Dry bulk index goes up more than 10 percent

Dry bulk index Baltic Dry grew 10.9 points Friday. Both Golden Ocean and Belships believe in an improved dry bulk market for the coming two years.

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One third of Lim family ships have new owners

Around one third of the ships controlled by Hin Leong founder O.K. Lim and his family have new owners, Reuters reports. The rest of the ships are expected to be sold by the end of the year.

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