Dry bulk: Looking for a boost from the China factor
Fortunes rest on how China's import demand holds up — but more often than not, the second half of the year has been more profitable than the first half
The dry bulk market seems to be lacking impetus as participants look to China for direction. So far, however, any hopes of a fast and furious uptick in freight rates have been dashed as recovery in the second-largest economy has been slow, while consistent congestion — a feature of the past two years — has eased