Recovery in the Chinese property market suggests the worst is over the present dry bulk downturn, ABN AMRO says.
Analysts Glenn Lodden and Wilhelm Flinder upgraded shares in both Star Bulk and Diana Shipping amid the belief the market is past the bottom of the cycle.
Lodden and Flinder placed buy ratings on the two New York-listed owners today, suggesting an improving market will help both back to profit in 2018.
“We
