Bulk markets have made it through to the other side after a "stabilisation quarter", according to GoodBulk chief executive John Michael Radziwill.

"When I say 'stabilisation', what I mean is we got through going through the pandemic, [we got] through the trough market of $2,000 a day," he told TradeWinds.

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But if that is the case, what does stabilisation look like in a world that is still in the grip of the Covid-19 pandemic, a world in which stability is relative?

For GoodBulk, which is quoted...