A mere USD 33-34 million. This is what the New York-listed dry bulk carrier Scorpio Bulkers took home per vessel when the struggling company continued its Capesize fire sale over the holidays - unloading a total of five ships.
According to Norwegian broker agency Pareto Securities, this price is the lowest that has been registered so far during the long-lasting crisis in the dry bulk industry, which could get even worse in 2016. Pareto notes that current broker assessments indicate a further decline of 5-8 percent.
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