Prices of secondhand bulkers are expected to rise sooner or later.
RS Platou said amid a shortage of modern secondhand tonnage despite increasing its demand in a sale-and-purchase market, which would eventually firm the values of second-hand vessels.
Moreover, as pricings of newbuildings seems to be firming, only few owners would put its modern fleet on the S&P market.
RS Platou prospected "Therefore, the prices for modern tonnage could prove to increase over the next few months."