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Dry bulk at risk from crew change crisis

Logistical issues caused by the pandemic present some upside to dry bulk freight earnings with several nations (including China) banning any non-national crews from disembarking

A recovery in demand will support small year-on-year gains in the fleet utilisation rate in 2021, according to shipping consultant Maritime Strategies International. Incremental demand of 29m dwt will outmatch supply growth of 26.1m dwt, driving a small uptick in the total fleet employment

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