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Fearnley Securities says dry bulk rates were stronger in the latest quarter, as shown in first-half carrier results, but remain too low to ensure positive profits. KCC guides for record fourth-quarter rates after profit rises.
Improving carrier earnings and guidance for strong fourth-quarter rates suggest firmer ocean freight costs ahead, though the sector is still fragile.
shippingwatch.comJul 31, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
