Record number of dry bulk ships traded in March

The thriving dry bulk market boosted the purchase and sale of ships in the first quarter. In March, a record-high number of more than 100 dry bulk ships were sold in one month.

Photo: PR / Eagle Bulk

The month of March sets a record-high for the number of dry bulk ships purchased and sold in a single month.

The dry bulk market is currently seeing the highest rates in 10 years, as well as the lowest orderbook ever for the sector, which have resulted in a historically strong market for dry bulk, writes Maritime Strategies International in its monthly report, Horizon, on the dry bulk market.

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