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Dry bulk geared segment to benefit from IMO 2020

According to Precious Shipping chief executive Khalid Hashim, the cost of regulations will keep a check on vessel supply boosting freight rates for the handysize and supramax segment in the coming year

Mr Hashim noted that about 32.16m dwt of tonnage in the geared vessel segment is more than 20 years of age. These vessels are most likely candidates for scrapping

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