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This time it’s different for dry bulk

Enjoying a sensational year, shipowners have done well to be restrained when contemplating new orders

Dry bulk is setting sail for best year since 2010. What a comeback and the longer this rally sticks around, confidence builds in the sector. In the first place only the perma-bulls claimed that they saw this run coming from miles away. Today it’s clear to all; Chinese stimulus catapulted the economy away from the Covid abyss – and then some - by boosting all sectors that rely on imported dry bulk commodities.

What’s happening?

While the Chinese Communist Party is busy celebrating themselv...

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