As spot price records fall one after another, sentiment in dry bulk is reaching new highs – With February average Capesize rates reaching more than 21,000, market participants remain extremely bullish for the progression of the year.
VLCCs on a rollercoaster ride amidst uncertainty and shifting sentiment – Once again, VLCC owners experienced a rollercoaster ride during the second half of February, a familiar narrative similar to previous market temporary peaks.
