London-listed Taylor Maritime Investments (TMI) has issued a bullish summation of what it expects will be strong bulker markets in the near term.
In a filing to the London Stock Exchange, the shipowner said rates for handysizes and supramaxes have remained more stable than usual so far this year.
They hit 13-month highs in December on the back of increased congestion in Brazilian grain ports and the further tightening of transits at the drought-hit Panama Canal.
