Three factors have lowered Klaveness's optimism in dry bulk

Norway's Torvald Klaveness has a more subdued view of the dry bulk market today compared to just a one month ago. Three factors in particular have recently changed the mood, President and CEO Lass Kristoffersen tells ShippingWatch.

Photo: Klaveness

In just one month, Norwegian Torvald Klaveness's view of the dry bulk market has become more subdued.

There are overall expectations for a better market this year, but several factors, such as Chinese coal imports, a looming trade war as well as sanctions against Russian mining giant, have produced increased uncertainty in the market, explains President and CEO Lasse Kristoffersen in an interview with ShippingWatch.

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