A steady volume of deals for secondhand capesizes underscores just how robust market conditions for such vessels have become lately.
With asset values rising, the Baltic Capesize Index (BCI) hitting year-to-date highs and owners announcing lucrative multi-year chartering deals for such vessels, both buyers and sellers are stimulated to move.
Owners of expensively acquired capesizes find a good opportunity to shake them off at an elevated price.
