Bulk

Analysts: Worst months for dry bulk ever

Many carriers and investors are probably wishing that the year's first quarter had never taken place. Improvement will "take many years," says J.P. Morgan, while Norway's Pareto Securities see positive news in rising vessel values and share prices.
BY OLE ANDERSEN

If any enduring optimists within the bulk industry interpreted the slight increases as a sign that the downturn might be reversing, they are most likely going to find themselves proved wrong.

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