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Dry bulk spot rates rebounded sharply from late Q2, but Safe Bulkers' earnings lag the rate recovery, and dry bulk stocks have fallen year-on-year despite improved rates. Analysts attribute the share weakness to trade tensions and recession fears.
The article describes freight rate strength that raises shipping costs for bulk feed commodities, though its focus is equities rather than cargo flows.
freightwaves.comGreg MillerSep 4, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
