In a results preview issued by ArcticSecurities, Erik Nikolai Stavseth warned clients that there’s a strong chancethe New York-listed bulker owner’s balance sheet will be covered in red inkdue to lacklustre freight rates.
While the forecaster believesthe Greek operator and many of its compatriots will card first-quarter losses whenthey report earnings in the coming days and weeks he also thinks the second-half of2014 will mark a turning point for the dry-bulk segment.
“Diana’s
