Bullish sentiment prevails in dry bulk market
While the first half of the year surprised on the upside as demand for dry bulk commodities proved rampant, the final six months should be equally strong. Some segments, though, will fare better than others
More than half of the scheduled newbuildings were delivered in the first five months of the year and, with expected rising iron ore volumes, especially from Brazil, continuing strongly in the minor bulk trades and healthy grains flows, bulker owners will be able to enjoy profitable levels, bar any other unexpected black swan events