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Dry Bulk Europe

‘Cherry-picking’ charterers look only to one-year horizon

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MAERSK Broker said “cherry-picking” charterers would focus on period deals of around 12-24 months for the rest of 2009, as they replaced expensive ships with modern and cheaper supramax and panamax bulk carriers at daily rates of around $10,000-$12,000.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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