Current upturn in dry bulk may be shortlived

Although the Baltic Dry Index is currently above 2,500, this is likely not a sustainable improvement for the bulk market. "China is preparing for the possibility of the trade war dragging out," says Norden. Ultrabulk is also cautious.

Christian Vinther Christensen is Head of Dry Cargo at Norden. He believes that China is preparing for a prolonged trade war with the US. Photo: PR / Norden

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