Bad choices by dry bulk shipowners have been sadly abundant over the past seven years, contributing to a supply-demand imbalance that spawned the worst bulker market in three decades.
So it is encouraging when such owners make good and responsible choices, as two companies did in different fashion only last week.
John Michael Radziwill-led GoodBulk continues to grow its fleet with the acquisition of seven capesizes from CarVal Investors, with options for six more.
