Turning point in dry bulk has shipowners dreaming of multiple-year boom
2021 turned out to be the year when the dry bulk market finally saw a sharp upturn after a number of difficult years. With the lowest orderbook in more than a decade coupled with China roaring ahead, analysts and executives project a sustained boom in years ahead.
by DANIEL LOGAN
With the lowest orderbook on record and not least a major import spree in China, dry bulk operators are starting to dream of a highly lucrative market that could last until 2023 at the very least.
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