Golden Ocean is watching the time-charter market to see if sale-and-purchase activity in the dry cargo sector will burst back into life.
It comes as a cooling of the freight market slowed deal flows for second-hand ships and dented enthusiasm for newbuildings after an improved first quarter for bulker owners.
Birgitte Vartdal, chief executive of Golden Ocean, says prices moved up strongly in the first quarter before flattening out in April.
