Tim Jones, chief executive, Barry Rogliano Salles:
“The industry has been focused for some years on the (over) supply side of tonnage and it finally looks like some real efforts by the industry are paying off. Scrapping and lay-ups in the bulk sector, lay-ups or stacking in offshore, redeployment and/or idling in containers, as well as massive reductions in world yard capacity are starting to be felt on the supply side of the equation.
The
