Subscribe to RSS feedSTX prediction of second-half surge in dry bulk sector
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Obsidian
—
last modified
Mar 05, 2009 12:00 AM
STX Pan Ocean is forecasting a rebound in dry bulk shipping markets in the second half of this year as the stimulus packages of countries around the globe begin to bear fruit.
In its full-year financial statement, the South Korean dry bulk owner and operator said that it already saw positive signs in the dry bulk market, with rising raw material demand, an increase in scrapping, and delay and cancellation of newbuildings....
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