Secondhand bulkers have been flying off the shelf in March, despite the war in Ukraine causing unprecedented uncertainty, from politics to energy markets.

The dealmaking is showing a hunger to snap up vessels across the dry bulk sector.

“What we are seeing in [sale-and-purchase] activity is a broad range of transactions across all sizes, a plethora of sales candidates and an ample appetite on the buying side,” analysts at Athens-based Doric Shipbrokers said in its most recent weekly report.