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Nine bulk carriers lost USD 721 million in six months

The major bulk carriers listed in the US had a miserable first half of the year with a massive aggregate deficit, according to review by Alphabulk. The companies look set to lose over one billion US dollars in 2016.

Despite small improvements, the global dry bulk market still finds itself in an extremely dire state.

A fact most recently, and again, is illustrated by the developments among the New York-listed bulk carriers, which look to be well on their way towards a total deficit of more than a billion USD this year.

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