Seanergy Maritime Holdings, a US-listed owner of ten capesize vessels, said on Thursday it expects the dry bulk market to climb up from its lows after the first quarter.
“Looking beyond the current weakness, we envisage 2020 to be a positive year,” chief executive Stamatis Tsantanis said in Seanergy’s 2019 fourth-quarter and full-year earnings.
Brazilian mining giant Vale has guided for higher year-on-year iron ore exports, Tsantanis argued.
