Bulk

Sturdy dry bulk carrier hit harder than expected

Listed Greek carrier Diana Shipping, commonly viewed as one of the dry bulk industry's most sturdy companies, will burn through much more cash this year and in 2017 than previously expected, according to Deutsche Bank.
Photo: Ritzau Scanpix/AP/Dimitri Messinis
Photo: Ritzau Scanpix/AP/Dimitri Messinis
BY OLE ANDERSEN

Diana Shipping - regarded as one of the dry bulk industry's most sturdy listed companies along with carriers including Danish Norden - is considerably harder hit by the crisis than previously assumed.

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