The dry bulk industry’s main benchmark has been staging a significant comeback during the past few weeks, demand for second hand bulkers has increased accordingly. However, many are remaining cautiously optimistic about continued improvements. According to Allied’s George Lazaridis, Head of Market Research & Asset Valuations, prices for many of the main industrial commodities such as iron ore and coal have continued to climb as demand holds firm, while even steel, a commodity which has more than any other felt the pressure from the supply glut, has managed to show a favourable face this year.
|One week ago||1097||1084||840|
|Spot time charter||$ 13,231/day||$ 9,728/day||$ 9,142/day|
|One week ago||$ 8,571/day||$ 8,711/day||$ 8,785/day|