“It’s a sad, sad situation and has been a sad situation for quite some time.”

Sverre Bjorn Svenning of Fearnley Consultants sums up the bulker market with an echo of Elton John. Couldn’t he have found an apocalyptic David Bowie lyric instead? Something from Five Years perhaps? TradeWinds has been trying to shift Sorry Seems To Be The Hardest Word from its collective consciousness for some time.

BDI