It has been almost four years since bulk carriers and their investors last believed in an impending recovery, where even the cautious Danish carrier DS Norden, one of the industry's largest and most well-positioned carriers, opened up its books and sent more ships out in the spot market.
It seems that carriers, analysts, and stock traders in the market today, though cautious, have more ground to be optimistic than before after watching vast sums peter out of companies in recent years.
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