Dry bulk rates have recently seen an increase following a particularly tough start to the year for the sector. But several factors make it difficult to assess how long this upturn will last, says Pioneer Marine CEO Torben Janholt in an interview with WPO.
So far, it has been an unenviable task having to predict developments in the 2019 dry bulk market, which has gone from a free fall and a belly flop at the start of the year to the current levels, which surpass anything seen in a long time.