Wed, 26 Feb 2020 22:00:58 +0000
The start of the new year has, as is often the case for dry bulk shipping, been marked by falling freight rates. The seasonal slump, typical in January after a strong Q4, has been exacerbated by the additional cost of fuel resulting from the IMO 2020 sulphur cap. The steep drop in average Capesize earnings …
Full article: https://www.hellenicshippingnews.com/dry-bulk-shipping-seasonality-higher-fuel-costs-and-coronavirus-disruption-behind-poor-start-to-new-decade-for-dry-bulk-earnings/