Wars and other geopolitical factors aside, the dry bulk market’s seasonality, is taking its toll in the freight market. However, it seems that from the second quarter of the year and onwards, a recovery could begin to take shape.
In its recent weekly report, shipbroker Allied said that “the dry bulk sector is undergoing a fairly difficult period in terms of freight earnings and overall momentum. On the other hand, how concerned about the current conditions can we be given that we are well within a typical seasonal slump of the market?