Dry cargo players should keep an eye on the “big dark horse” in China as the market springs back from record lows to more normal levels, J Lauritzen says.
The Danish owner and operator is taking in chartered tonnage amid a cautiously optimistic view of the bulker recovery but is pragmatic about the revival seen this year.
Mads Peter Zacho, chief executive of J Lauritzen, tells TradeWinds that demand growth in 2017 has been robust, but most has come from increased imports of iron ore and coal into China.
