THE tide may have finally turned for Bursa Malaysia-listed dry bulk operators, which have suffered from depressed freight rates due to excess capacity in the industry since the 2008/9 financial crisis. Roaring commodity demand, a return to strength in manufacturing activity as well as scrapping of vessels and underinvestment in recent years have pushed dry …
The post Dry bulk and container freight rates set to stay elevated this year, say industry players first appeared on Hellenic Shipping News Worldwide.