Dry bulk shipping - week 1 2023

Dry bulk shipping - a weak start to week 1 2023

Then again, the dry bulk sector is usually in a state-of-uncertainty the first month and a half, waiting for the China market to offer some signals. While the dry bulk rates by vessel category are on the low side, there is a bit of positive news. Those rates for the respective sizes at least cover operating costs and a good amount of financing (depends on company leverage), so owners aren’t fretting yet.