Strong demand set to keep bulker earnings high
As key global economies recover from lockdown conditions, a continuation of strong demand for dry bulk commodities will translate into higher earnings for owners of bulk carriers. However, this does not mean the start of a commodities supercycle as the market is being led by short-term drivers, BIMCO says
With strong demand combined with low fleet growth, this year is looking like ‘one to remember,’ says BIMCO’s chief shipping analyst Peter Sand