The dry bulk shipping of 2024 has surpassed the rather gloomy expectations that were outlined last year.
Contrarily, it is more lucrative times, and the rates have on average been consistently above the levels in 2023.
The reason? A cocktail of low water levels in one transport corridor, rocket attacks in another - and then some slightly unexpect...
Rockets and unexpected trades: The market has surprised this year
Dry bulk market picks up with higher prices, but experts caution it might not last
A triple cocktail is the reason the market has tailwinds in dry bulk, an analyst says. Photo: Colourbox
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