The ownership of dry bulk ships has changed hands at blistering speed in the first three months of 2021, says shipping organization BIMCO, pointing out that the course is now set for a record year in the bulk ship sale and purchase market.
A total of 794 ships were bought and sold in 2020, with the smaller sectors of Handysize and Supramax being most popular. Not even three months into 2021, 279 dry bulk ships have been traded, with Panamax bulkers being the most popular single ship size and accounting for 82 of the trades. However, the number of Panamax sales comes second to the number of sales of Handymax, Supramax and Ultramax ships when these are put together.
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