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Supramax market stands to decline after golden 2021

After a year of success for the smaller dry bulk segment of supramax, the segment is now facing more uncertain times, according to Arrow Shipbroking.

Photo: PR / Norden

The supramax segment in dry bulk is going to suffer under the economic slowdown brought about by factors including the war in Ukraine, Arrow Shipbroking predicts.

The firm has made an analysis of the market for this ship type, which saw major demand in 2021 with day rates of up to USD 40,000.

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