These are the dry bulk losers entering 2015
The market value of 30 major dry bulk carriers has dropped around 20 percent combined during 2014, and next year looks set to become a giant challenge to the industry, not least investors.
BY OLE ANDERSEN
At the beginning of 2015, approximately 30 of the biggest and pacesetting dry bulk carriers have lost around one fifth of their market value, but companies such as Danish Norden, in particular, and New York-listed carriers such as Scorpio Bulkers, Dryships (down 74.4 percent) and Genco Shipping (down 68.6 percent) have been in virtual free-fall during the past year. And everything indicates another lukewarm year ahead for the dry bulk carriers.
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