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Capesize spot market soars as Europe imports coal from far away

Dry bulk shipping is vulnerable to ‘rapidly changing market landscape’ as war between Russia and Ukraine enters 15th day, broker says

“The market remains very active and prone to surges of volatility while being very much linked to political activity amongst a rapidly changing market landscape,” UK-based broker and Alibra Shipping founder Giuseppe Rosano told TradeWinds.

Trade Winds Mast Head

Dry bulk shipping is vulnerable to ‘rapidly changing market landscape’ as war between Russia and Ukraine enters 15th day, broker says

“The market remains very active and prone to surges of volatility while being very much linked to political activity amongst a rapidly changing market landscape,” UK-based broker and Alibra Shipping founder Giuseppe Rosano told TradeWinds.

By Michael Juliano (Stamford)

(Originally published at Tradewindsnews.com – 11 March 2022)