The shipping industry has been pummeled over the past 6 months. First by the trade war, then by the coronavirus outbreak. This year alone, the cost of shipping goods around the world has halved, throwing the global dry bulk freight market — the largest commodity shipping segment by volume — into disarray. MRP expects a sharp rebound in 2020, driven by a post-coronavirus commodities recovery. Freight rates and shipping stocks should experience a major boost as a result.
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