Navios: Bulk market as difficult as ever existed

The dry bulk downturn hit Navios Maritime Holdings' result and revenue in 2015, which became "as difficult a market as ever existed in shipping", notes CEO. But the carrier sees positive developments ahead.

by DANIEL LOGAN

Greek-based Navios Maritime Holdings, like scores of competitors in the extremely low dry bulk market, finished 2015 with a reduced revenue and a bigger deficit than in the year before.

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