SAL MARKETWATCH: dry bulk shipping sector rallies, providing relief to owners and operators

Pictured: the 403,627 DWT capesize bulker, Sea Espirito Santo (IMO 9575462) receives assistance from tugs.
Photo credit: Marcus Dall via Unsplash.

Increasing demand for the carriage of dry bulk overtakes shipping supply in dry markets causing, as any armchair economist could predict, rising freight rates. But it’s not a super-surge by any means...

Only a few brave souls would have predicted a late-mid-year dry bulk rally – a time of year when dry bulk rates are historically weaker.

But here we are.

https://www.shippingaustralia.com.au/sal-marketwatch-dry-bulk-shipping-sector-rallies-providing-relief-to-owners-and-operators/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon