Optimistic bulk carriers went shopping in 2017
2017 exceeded all expectations in the dry bulk market which finally caught a break. The positive development prompted shipowners to order a significant number of new vessels. So far, this is not a cause for concern, but just a few ships could change that, says Bimco.
Luck seems to have turned for the struggling dry bulk carriers which have dealt with weak rates and consequent large deficits for years.
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