- For capes, 2021 and 2022 have a very light historic order book.
- Scrapping has been picking up prior to demo yards in South Asia going into coronavirus-inspired shutdown.
- Vale has decided to stop using up to 25 converted ore carriers, the equivalent of 40 normal capes.
- Coal demand was finally picking up with China and India taking more cargoes.
- For panamaxes and supramaxes, agro trade demand looks optimistic.
- South American countries’ supply despite the spread of coronavirus.
- China, the US, and...
http://mfame.guru/dry-bulk-heading-towards-an-optimistic-future-amid-covid-19/