Speculation-fuelled optimism in dry bulk is feeding a frenzy on the secondhand market for ships, stoking talk of more asset price rises and fears of a fresh rush for newbuildings.
The pace of the market is accelerating by the hour with prices rising at “exponential speed”, Dimitris Koukas, sale-and-purchase (S&P) managing director at Optima Shipbrokers told a Mare Forum conference in Athens this week.
“We
