Right time to buy bulkers?

摘要

With the dry bulk market dropping to levels that have been described by leading shipowners as 'unimaginable' for several months this year, the value of assets has plunged. Now while this gives the owner with expensive bulk vessels bought a few years ago with major negative equity and loan to value ratio issues with their lenders, for those looking to benefit from the adage 'buy low, sell high', things are potentially looking rather interesting.