Bulk

Platou: Dry bulk is this close to idling vessels

If the daily rates for the large dry bulk vessels, Capesizes, stay at the same loss-inducing level for more weeks to come, owners will most likely begin anchoring up vessels soon, according to Platou Markets.
Photo: K Line
Photo: K Line
BY OLE ANDERSEN

If the rates for the large dry bulk vessels, Capesizes, in the coming weeks, remain at the current, extremely low level of about USD 5,000 a day, the owners will presumably start to anchor up ships and wait for better days to come.

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