Dry bulk rates may turn upwards as shipowners pull vessels

By Wayne Yamada
Published: Thursday, 04 June 2015

Dry bulk ship operator Golden Ocean has predicted that freight rates could rise after soft start to 2015, as ships are taken out of the market and global GDP starts to rise.

Bermuda-based dry bulk vessel operator Golden Ocean expects freight rates to rise in the short term after a soft start to 2015, as more dry bulk ships are taken out of the market.

"The dry bulk market, which went from bad to...

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