Deutsche on DSX

I just read a recent article from Deutsche bank on shipping. They expect a weak Q1 and Q2 dry bulk charter rates. Interestingly, they mentioned that DSX has a breakeven charter rate of $12k/day. They expect DSX to be the best positioned for long term investors due to their low balance sheet. Also, they feel that the currently low rates is precisely whats needed for a recovery in 2017 onwards.

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