Strong start to the year for the high-volume commodities of iron ore and coal – thanks to infrastructure-heavy stimulus in some parts of the world – as well as plenty of agricultural exports, have all contributed to the record-breaking start, with strong volumes clearly reflected in dry bulk earnings says a news market analysis from BIMCO.
So far, Capesize earnings are on track for the best month of May since 2010, with a daily average of USD 36,536 per day, more than 9 times that of May 2020....
https://mfame.guru/record-breaking-start-to-year-drives-dry-bulk-earnings-to-decade-highs/