Analyst agency lowers dry bulk forecast

RS Platou Markets sees no upsides ahead for the many struggling dry bulk carriers. The key reason is lower Chinese demand than expected.

BY OLE ANDERSEN

In a new quarterly report from RS Platou Markets, the Oslo-based analyst agency lowers its forecast significantly for the rest of 2014 - a period that was otherwise expected - by numerous industry players and analysts - to help restore the market following a miserable 2014 so far.

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