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As the global economy gradually reopens, the demand for several commodities, including coal, iron ore and steel, is expected to grow in the coming months, which will increase the demand for shipping.
But even though SHIP transports primarily iron ore through its dry bulk transportation services, it is not well-positioned to capitalize on the shipping industry’s recovery in the near term, and so a question hangs as to the degree the company’s operations and its stock price can recover lost ground?
