Bulk

Norden and Clipper prepare for record US crop harvest

US farmers are underway with the largest wheat, corn and soybean harvest in recent memory, and this could lead to a short-term rate boom for the hard-pressed bulk vessels. Carriers Norden and Clipper are both ready to pounce should activity suddenly increase.
Photo: Charlie Riedel/AP/Polfoto/Arkiv
Photo: Charlie Riedel/AP/Polfoto/Arkiv
BY TOMAS KRISTIANSEN & NIKLAS KRIGSLUND

There has been a serious shortage of good news for dry bulk in recent years as an overabundance of ships and sluggish trade have forced earnings down to all-time low levels.

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