Analyst firm calls off dry bulk boom in 2017

The recovery seen late last year was not the beginning of a comeback for the dry bulk market, warns Maritime Strategies International. The analyst firm projects yet another year of low rates, for Capesize and Panamax in particular.
2017 looks set to become yet another challenging year for the bulk carriers, projects MSI. But coal imports in China and India could surprise the market.. | Photo: ritzau/Arkiv/Niels Hougaard
2017 looks set to become yet another challenging year for the bulk carriers, projects MSI. But coal imports in China and India could surprise the market.. | Photo: ritzau/Arkiv/Niels Hougaard

There is nothing to indicate that 2017 will represent a major comeback for the dry bulk market.

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