Four of the world's largest dry bulk operators earned USD 408 million in six months

The dry bulk market has fully recovered after a deficit-making 2020. In the first six months of the year, four leading dry bulk operators were able to post aggregate profits of USD 408 million. Analysts project that the strong market trends will continue all the way into 2024.

Photo: PR / Pacific Basin

The cash flow has turned 180 degrees in the global dry bulk market, which is firing on all cylinders with strong demand and sky-high earnings, forming a contrast to last year's substantial deficits.

This is evident from the half-year results published by four prominent dry bulk operators.

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