Dry Bulk Market Still Fragile Despite Recent Rally

However, how far from reality is the possibility of stumbling back to the average levels noted over the past 2 years? In other words, the current momentum, albeit very bullish, is still fragile”.

According to Allied’s Research Analyst, Thomas Chasapis, “for those who seek diversification, a changing market adds many challenges, especially when given the complexities noted within the shipping industry.

Chasapis added that “a much stronger strategy has always been a much broader approach to a diversified “portfolio” encompassing a distributed fleet across different shipping sectors.

The perilous path now is that it can be common amongst investors to take general long-term market relationships as a given rather than noticing the changing trends and be left greatly exposed to a risk that has not even been factored in”, Allied’s analyst concluded.

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