Dry bulk owners break out the bubbles but can they avoid the hangover?

The retreat of COVID-related disruptions will restore market efficiency and freight rates to better reflect underlying supply and demand fundamentals.

Dry bulk owners enjoying a welcome bounce in earnings and asset values should be prepared for pressure in the second half of the year as the impact of China stimulus wanes and port efficiency improves. Read more here

Dry bulk owners break out the bubbles but can they avoid the hangover?

Don’t expect a quick rate recovery in tanker markets this year, analysts say

Crude tanker owners are still facing difficult market conditions in the months ahead due to slow growth in seaborne trade, senior analysts told an industry forum.

The gloomy outlook comes as spot tanker earnings remain below break-even levels for many shipowners in various segments, despite forecast increases in Opec+ supply and oil demand later this year. Read more in TradeWinds

Don’t expect a quick rate recovery in tanker markets this year, analysts say