Precious Shipping managing director Khalid Hashim said the recovery in the dry bulk market is the real deal and that shipowners in the sector should expect a strong market in 2021 and beyond.
The Bangkok-based owner said a combination of historically low fleet growth and massive global stimulus should translate into “multi-year strong tonne-mile demand growth”.
Hashim’s comments come as the Thai-listed bulker owner booked a first-quarter profit of $12.3m
