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Genco’s losses widen as scrubber fittings get under way

Genco’s second-quarter loss grew versus the year-earlier period as weak rates hit the dry bulk market. The US-based company has meanwhile embarked on its scrubber-fitting programme, with all 17 units expected to be installed by the end of the year

US-based dry bulk owner has sold a handysize vessel for a gross price of $5.3m

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