Navios group head Angeliki Frangou said on Wednesday she expects dry bulk markets to overcome their current troubles within a matter of months.
A “significant charter rate recovery is expected in the second half of 2020,” Frangou said in a conference call with analysts on the occasion of fourth-quarter results of Navios Maritime Holdings, one of her US-listed companies.
In a previous conference call with analysts on 10 February, Frangou had said that the market was "too fluid" to provide any meaningful indication on where it was heading.
