Allied Shipbroking believes 2017 may be the year the bulker market has been waiting for to set off a cyclical recovery.

George Lazaridis, head of research and valuations at the Greek brokerage, says after the bad news of 2016 there are a number of brighter spots on the horizon.

He suggests these positives “could just make 2017 the turning point in the market that everyone has been looking forward to.”

“On