Dry bulk owners break out the bubbles but can they avoid the hangover?
The retreat of COVID-related disruptions will restore market efficiency and freight rates to better reflect underlying supply and demand fundamentals. Dry bulk owners enjoying a welcome bounce in earnings and asset values should be prepared for pressure in the second half of the year as the impact of China stimulus wanes and port efficiency improves. … Continue reading Dry bulk owners break out the bubbles but can they avoid the hangover? →