Asia shipping Q2: dry bulk market caught in trade war crossfire

摘要

Capesize markets in both theAsia Pacific and Atlantic regions have had anextremely mercurial Q2, with market watchersascribing the volatility to a combination of bothfundamental and sentimental shifts.“There have been quite a lot of periodfixtures since the end of last year at aboutthe high teens to low-$20,000/day levels. Soship-operators are definitely keen on keepingup this momentum,” a source said about themarket’s expectation for the rest of the year.