Softer tone prevails in dry bulk market

Spot rates have been on a downward slope across all bulker segments mainly due to lower demand and an unwinding of fleet inefficiencies, with weakness expected into the first quarter of next year.

THE dry bulk market is firmly on a downward slope, with weakness expected to continue into the new year. “Headwinds will strengthen in the months ahead,” says MSI. Read more at LloydsList

Leave a Reply