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Re: mikelnet post# 11039

Monday, 08/24/2015 9:12:52 AM

Monday, August 24, 2015 9:12:52 AM

Post# of 58072
In short, yes. Lower bunkerage costs help increase revenue when owners are renting ships at spot prices. It loweres their OpEx. The SA author is saying higher oil will some how help dry bulk spot rates. That makes no sense.

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