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Capesize bulker backhaul gains steam as Europe goes the distance for coal

Home | Press | Capesize bulker backhaul gains steam as Europe goes the distance for coal

“Sentiments are strong across all of dry bulk shipping as owners and charterers face disrupted cargo flows and a global energy shortage,” said Giuseppe Rosano, founder of UK broking house Alibra Shipping.

“We are in unprecedented times and the market is adjusting. As to why and how, we are all trying to fit the pieces of the puzzle now — whilst that does mean cargo flow is part of that change, especially given the European crisis,” he told TradeWinds.

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“Sentiments are strong across all of dry bulk shipping as owners and charterers face disrupted cargo flows and a global energy shortage,” said Giuseppe Rosano, founder of UK broking house Alibra Shipping.

“We are in unprecedented times and the market is adjusting. As to why and how, we are all trying to fit the pieces of the puzzle now — whilst that does mean cargo flow is part of that change, especially given the European crisis,” he told TradeWinds.

“I think we could see a boom after the summer or, knowing this market, that could happen earlier.”

By Michael Juliano (Stamford)

(Originally published at Tradewindsnews.com – 24 May 2022)