Active demand in dry bulk and tanker markets

Notable orders and transactions highlight sector trends

{reg}Ship owners have been actively participating in the dry bulk and tanker markets recently.

In the dry sector, Ultramax orders, including long-term time-charter agreements, have picked up, with notable orders from Japan and China. UK shipowners have led the way in the tanker segment, placing orders for Suezmax and LR2 tankers. The second-hand market shows some stability in the dry bulk segment, particularly for Handysizes. However, the tanker market has slowed down, with fewer transactions.

Asset prices have stabilized in both segments, but transaction volumes may remain volatile. These developments reflect changing demands and strategic decisions in these sectors.[/reg]