Will Fray

bulk carrier

Dry Bulk Equity at the Vanishing Point

By Will Fray 2016-07-01 23:41:11

By Will Fray, Senior Analyst, Maritime Strategies International The first quarter of this year marked a massive deterioration in bulker second-hand asset prices. On average prices fell by almost 25 percent quarter on quarter - in sharp contrast to the relatively minor deterioration in newbuild contract prices. Even so, the second-hand market remains very liquid – MSI recorded 168 bulker sales in the first quarter of this year, the highest total since Q2 2014.  Older ships saw the greatest value...

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