In a client briefing published Monday morning forecasters at RS Platou Markets pointed out that asset values in many corners of the segment are still falling.
In the same alert they also noted that fixture activity has been extremely low as of late due to Lunar New Year celebrations in China and other parts of Asia.
While many capesize bulkers are losing money the analysts do not believe owners will be forced to lay-up tonnage if day rates fail to rebound in the near-term.
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