Secondhand Bulker Prices Firm Despite Softening Spot Rates

Secondhand bulk carrier prices are firming despite a week of softening spot rates, says an article published in Splash 247.

Smaller tonnage purchase

Despite softening spot rates, secondhand bulk carrier prices are firming with buying interest increasingly focused on smaller tonnage.

Clarksons Research noted in its most recent weekly report that activity is primarily in the kamsarmax down to the panamax sectors.

Sale price in December

Prices have leapt since December. A notable sale that illustrates...