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Bulk Shipping ‘At The Very Bottom’ as Carrier Earnings Plunge

By Annie Lee and Krystal Chia (Bloomberg) –Vessels carrying dry bulk commodities are struggling to make a profit because of the double hit of lower seasonal demand for cargoes and the Covid-19 pandemic that’s wrecking trade and industrial activity worldwide. “We’re really at the very bottom for dry bulk,” William Fairclough, managing director of Wah […]

WP_Post Object ( [ID] => 224982 [post_author] => 5 [post_date] => 2020-05-18 14:38:49 [post_date_gmt] => 2020-05-18 14:38:49 [post_content] => baltic dry indexBy Annie Lee and Krystal Chia (Bloomberg) –Vessels carrying dry bulk commodities are struggling to make a profit because of the double hit of lower seasonal demand for cargoes and the Covid-19 pandemic that’s wrecking trade and industrial activity worldwide. “We’re really at the very bottom for dry bulk,” William Fairclough, managing director of Wah […] [post_title] => Bulk Shipping ‘At The Very Bottom’ as Carrier Earnings Plunge [post_excerpt] => By Annie Lee and Krystal Chia (Bloomberg) –Vessels carrying dry bulk commodities are struggling to make a profit because of the double hit of lower seasonal demand for cargoes and the Covid-19 pandemic that’s wrecking trade and industrial activit... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => bulk-shipping-at-the-very-bottom-as-carrier-earnings-plunge [to_ping] => [pinged] => [post_modified] => 2020-05-18 14:38:49 [post_modified_gmt] => 2020-05-18 14:38:49 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=140226 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )