Norwegian broker Fearnleys is calling an end to the misery for capesizes, suggesting the dire run for large bulkers since the start of the year is nearly over.
The fire-damaged container ship Yantian Express is moored at the Freeport Container Port in Freeport, Grand Bahama, awaiting the unloading of damaged cargo.
Chinese state-run shipping giant Cosco is ordering up to 30 newcastlemax bulk carriers at domestic yards to support its long-term shipping project Chalco