Yet another capesize scrap sale has been reported to boost dry bulk demolition dry figures, which have been soaring amid the coronavirus-induced freight rate crisis.
Analysts, however, see signs of fatigue in the industry with prices falling.
The latest sale concerns the 172,500-dwt Ganbei (built 2001), which went to Bangladeshi buyers for about $390 per ldt, according to market sources in Athens.
