Uncertainty is the biggest villain in strained dry bulk market

Bimco and Braemar ACM both project that trade disputes and a weak balance weigh down the dry bulk market and the Baltic Dry extraordinarily. "Right now it's a strained market all around," Norvic Shipping CEO Peter Borup tells ShippingWatch.
Photo: Norden
Photo: Norden

The dry bulk market's weak late 2018 seems to have continued into the new year, as the Baltic Dry bulk index has gone down pretty much day by day.

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