Cash does not last forever. A wise person once said that the difficult thing is not making money, it is keeping it.
Bulker owners made mega-bucks in 2021 and have money to spend, but concerns over long-term fundamentals and economic headwinds are leading some to change tack and invest in the future.
Many are looking for ways to get closer to the cargo side of the business, either through operating a fleet and enhancing their freight trading activities, or even by branching out into logistics.