The Ukraine war may start affecting hitherto booming secondhand bulker markets.
According to a source with direct knowledge of the situation, a European company in the process of buying a modern kamsarmax has rowed back from the deal in order to review the impact of Ukraine-related disruption on its other ships.
“They can’t take the risk of buying a new ship now, while they’re not sure how their other ones will operate,” the source said.
