Sellers of large bulk vessels under severe pressure
The Capesize fire sales from the major dry bulk carriers have, according to Pareto, seen the lowest prices so far registered during the long-lasting crisis. And we have not reached rock bottom yet, writes the Norwegian brokers.
BY OLE ANDERSEN
A mere USD 33-34 million. This is what the New York-listed dry bulk carrier Scorpio Bulkers took home per vessel when the struggling company continued its Capesize fire sale over the holidays - unloading a total of five ships.
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