Bulkers are looking at the best market backdrop since 2008, according to the chief executive of GoodBulk, who forecasts an increase of up to 20% in capesize asset values.
The question now is: what will be GoodBulk's next move to exploit this upturn?
"I would be very surprised if the next cape[size] sale, for example, isn't 20% above last done — very surprised," John Michael Radziwill told TradeWinds.