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benfrankledger

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benfrankledger

Re: Threeflight post# 4000

Sunday, 11/12/2017 8:00:08 PM

Sunday, November 12, 2017 8:00:08 PM

Post# of 15838
The market has been extremely though for dry bulk shipping firms for a long time, possibly the full last 7 years.

During late 2015, early 2016 the situation was at the low point, with a record low BDI and huge cash flow losses for the firms.

This seems like a major turning point for the industry or so it would seem.
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