A tentative increase in freight rates and decreasing net fleet growth point to gradual recovery from next year in the dry bulk freight market, but it will be fragile and owners should resist the temptation of cheap newbuildings to allow the market to rebalance. Since the beginning of the year, rates on the iron ore benchmark Capesize route
WORLD SHIPPING
28 June 2013 - 00:00
Analysis– Dry bulk's fragile future recovery
A tentative increase in freight rates and decreasing net fleet growth point to gradual recovery from next year in the dry bulk freight market, but it will be fragile and owners should resist the temptation of cheap newbuildings to allow the market to rebalance. Since the beginning of the year, rates on the iron ore benchmark Capesize route
WORLD SHIPPING
28 June 2013 - 00:00
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