Firm market sentiment at SinoShip’s dry bulk breakfast

Hong Kong: Owners, charterers and brokers were in a cautiously confident mood at this morning’s SinoShip Dry Bulk Business Breakfast in Hong Kong. With 40 senior executives drawn from a diverse range of sectors the event, sponsored by DVB and RightShip, debated the sustainability of the current dry bulk run, which has seen the Baltic Dry Index crack 2,000 points in recent weeks. Common sentiment among attendees was that the sector was set to remain strong through to the end of the year, softening in the first quarter next year, before rallying again. A full report will follow on Monday.  [18/10/13]

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