Some Wall Street forecasters are urging investors not to turn their backs on the segment altogether, however, despite the unsettling outlook for 2015.
On Friday an analyst at Clarkson Capital Markets upgraded shares of one New York-quoted bulker operator and downgraded two others.
Omar Nokta stamped Diana Shipping with a “buy” rating but changed his recommendation for Star Bulk Carriers and Knightsbridge Shipping to “hold”.
In
