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International Dry Bulk

EuroDry shrugs off market weakness

Recently spun-off company says it is keeping its faith in dry bulk markets but had to move in timely fashion to cover the majority of its fleet as protection from deteriorating rates in the fourth quarter. Nonetheless, the owner stayed in the black for the period, beating analysts’ estimates.

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Greek owner has taken action to ‘insulate’ earnings as charter rates slid

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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