Japanese bulker tonnage appreciates in price significantly

Sales activity in the dry bulk market, particularly in the supramax sector, is strong, with increased interest in Japanese- and Korean-built vessels. The US Trade Representative’s discussion on potential port call fees for Chinese-built vessels has led to a notable shift in ownership towards non-Chinese assets, as seen in recent sales transactions. The widening price gap between Chinese and non-Chinese vessels raises concerns about a potential divergence in asset values in the market.

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