Dry bulk freight rates on short sea routes have exceeded expectations in tough year

Despite high energy prices and production reductions in European industry, the dry bulk market has performed well, writes Toepfer.
Photo: Mehmet Caliskan/Reuters/Ritzau Scanpix
Photo: Mehmet Caliskan/Reuters/Ritzau Scanpix

Freight rates for dry bulk shipping on short sea routes in Europe have performed well over the past year despite a turbulent market, shows new figures from shipbroker Toepfer.

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