Don’t Tell Me The Ox Doesn’t Look Like A Bull

What do you make of a year that has started with a new US administration, continuing geopolitical tensions, an ongoing health crisis and dry bulk shipping rates at historical highs?

 2021 commenced on a positive note, earlier than what most had expected for a first quarter. Increased Chinese steel production, augmented thermal coal needs amid decade-low temperatures, strong grain demand and efforts for inventory restocking, have all meant higher rates across the dry bulk board.