“Unbelievable” Dry Bulk Market Rally is Pushing Ship Values Higher

Prices for second hand bulkers has soared over the past few weeks, in tandem with the rally in the freight rate market. By the 24th of August 2021, the Baltic Dry Index had reached 4,201, a year to date high and the highest since May 2010. In its latest weekly report, shipbroker Intermodal noted that …

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