Pacific Basin Shipping predicts volatile freight market

Business | 11 Apr 2019 5:07 pm

Pacific Basin Shipping says in a trading update that after the unusually sharp seasonal dip at the start of the year, the freight market for Handysize and Supramax vessels partly recovered but is still weaker than at the same time last year.

The market is currently softening as it did this time last year and some key factors are likely to make the freight market during the remainder of the year more volatile than we have seen in recent years.

 

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