Fearnley: Bulk asset values to remain under pressure
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Massive declines characterized the dry bulk sector in 2015, with the biggest vessels, the Capesizes, finishing the year with an average decline of 42 percent against 2014, according to a survey performed by analysts Fearnley. Capesize rates finished at USD 6,965, with 2015 on average clocking in at USD 8,100 per day compared to USD 13,900 in 2014.
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