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Friday, January 29, 2010

Dry Bulk Shipping

Just an update if any of my readers were wondering about my Dry Bulk Shipping coverage.

In view of Mercator's results, I will be waiting for the release of the results of Courage, Rickmers and STX PO before updating on this sector.

Mercator's 3Q results were reflective of the Dry Bulk sector, with profits down across the board. I am not bullish about the sector, and as such I am waiting for more results from the other companies.

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