# Dry bulk shipping revs up after ‘extraordinarily bad decade’ - FreightWaves

> Dry bulk shipping is recovering after a weak decade, with Larger bulk ship earnings running at about four times last year's levels. EuroDry's CEO said January rates are the highest in a decade, which is unusual for a typically slow month.

- Date: 2021-01-19 · published 2021-01-19T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/49353-dry-bulk-shipping-revs-up-after-extraordinarily-bad-decade-freightwaves
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Strong dry bulk demand lifts ocean freight costs for grain and feed raw material shipments, which can pass through to import prices for feed buyers.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/dry-bulk-shipping-revs-up-after-extraordinarily-bad-decade

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.