Bulk rates look set to rebound

The growth of the dry bulk fleet is slowing down massively, and that, together with the increasing Asian exports and the US economy, will lift the weak dry bulk rates as early as this year, says Deutsche Bank.

BY OLE ANDERSEN

The dry bulk rates will rebound and improve from their current unsustainable level in step with the decline of overcapacity, and as the demand for Asian export commodities increases and the US economy improves, says Deutsche Bank according to Bloomberg.

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