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Fundamentals trip up dry bulk market yet again

Freight rates in the dry bulk segment are down as market fundamentals have weighed on the segment once again, with fleet growth standing at 3.5% and BIMCO expecting it to be at around 4.1% by end-December

While earnings have remained at healthy levels moving into the final quarter of the year, this has little to do with market fundamentals, says BIMCO

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