Chartering interests were strongly represented both on the discussion panels and among the attendees, with contributions to the debate from Tor Svelland, co-head of dry freight desk at Trafigura; Mike Queally, director of global chartering at ADM International; and Peter Ensink, freight platform head at Louis Dreyfus Commodities (LDC).

With customary passion, Italian shipowner Guiseppe Bottiglieri decried “reckless ordering”, while Fearnley Consultants’ Sverre Bjorn Svenning said that “real money” was now behind the 145-million-dwt dry bulk orderbook.

Taking