Subscribe to RSS feedChinese steel demand bodes well for bulk sector growth
by
Philip Georgiadis, London
—
last modified
Aug 20, 2009 03:52 PM
DESPITE recent rate softening, China’s increasing demand for commodities will drive a positive trend in the dry bulk market, US investment bank Dahlman Rose predicts.
The New York-based marine transport specialist forecasts an upturn in the market, but warns that continued fluctuations should also be expected.
Economic trends point to “strong fundamentals” for the dry bulk sector with bulk carriers well positioned within the...
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