- US-based dry bulk owner is bullish on the sector this year, and is even more so for 2022 due to a continuing shrinking fleet.
- The capsize rates should bounce back by April.
- The market was hit by supply issues rather than any demand concerns.
GENCO, a US-listed bulker owner, is positive on freight rates for both this and next year, reports Lloyd’s List.
A perfect rainbowGenco’s chief executive says demand for coal, grains and minor bulks, has kept rates buoyant for the smaller sizes. But,...
https://mfame.guru/dry-bulk-market-to-witness-perfect-rainbow-amid-healthy-outlook/