Berge Bulk founder and chief executive James Marshall was excited when he took to the podium at a Marine Money conference in Singapore on Tuesday.

Capesize rates, he gleefully told the audience, had just smashed the $56,000-per-day mark.

Marshall — who gave a rare glimpse into his low-profile but giant dry bulk company during a 30-minute on-stage interview conducted by DNB Markets Singapore managing director Joachim Skorge — said he had every reason to believe that the sector would continue on a high for the next two years.