A seemingly firming dry bulk sentiment seen in recent days, with the Baltic Dry Index surpassing 600 points, has seen some owners change their plans.
Notably, South Korea’s Dong-A Tanker has decided to ditch plans to sell two capesizes. Last week, Splash reported Dong-A was close to selling the Dong-A Ether and its sister ship, Dong-A Leto for around $22.5m each to Singapore-based Winning.
Sources now tell Splash the deal failed on sellers subjects having been fixed by brokers Affinity.
“The seller’s decision after the improvement of the market was to freeze all selling developments for the time being,” a source tells Splash. Other owners are reviewing fleet offloading plans at the moment too.