- The correction in dry bulk is here as spot rates look for a bottom – Although the excitement in dry bulk shipping remains unabated, Capesize spot rates have now declined by about 40% from recent highs, but remain above comparable last year’s levels, at least at the time of writing. As we have discussed lately, the fundamentals of the dry bulk sector did not warrant the recent elevated spot rate levels, and it was the disruptions in vessel supply, especially in the Atlantic market, that led to...
https://mfame.guru/chinas-economic-resilience-impact-on-dry-bulk-shipping/