Sunday, January 30, 2011

Dry Bulk Shipping ? Heading towards where ................

DEAR VS,

Good day!!!

Hope life is good at your end. I just wanted to know your opinion about current situation of dry bulk market, as your network and knowledge both are very good.


I believe over supply of tonnages and high commodity prices are two reasons of current slump coupled  with bad weather in some regions but what do you think what are the other reasons that already has a bad impact on big owners for example korea line....

These owners were not expecting that much drop inspite of the fact that lot of people have been working in their research deparment (s).....

Please to hear your point of view ...............??

What do you expect when market will start increasing like it was before 2008 or close to 5000 BDI


Regards
Hammad

The Virtual Shipbroker: Revolutions everywhere!