In a note to investors chief executiveGeorge Karageorgiou said a recent spike in Chinese demand for dry commoditiessuggests a “potential recovery” isn’t far off.
“The fundamentals of the dry bulk marketcontinue to improve, however, the overall picture is still one that warrantscaution and conservatism, until the supply situation returns to balance,” he addedin a statement Thursday.
Nasdaq-quoted Globus reported totalcomprehensive income of $1.3m
