Dry bulk stocks were the best performers (up 50.3% YTD) among the sectors we cover and are pricing in 1.34x times NAV on average. The time-charter rates too are at a multi-year high. All these developments have created a buzz and around a potential market ‘Super cycle’. Arguments in favour of ‘super cycle’ 1. The …
The post Dry bulk equities – Beginning of a super cycle, or just an upswing? first appeared on Hellenic Shipping News Worldwide.