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NEWCASTLEMAX

A minimalist editorial image showing a vintage balance scale on a white surface. One side holds distinct piles of nickel ore, bauxite, soybeans, wheat and clinker, while the other supports an abstract metallic dry bulk vessel. The scale tilts slightly toward the vessel side. Soft natural light, clean background and Monocle-style composition

The dry bulk rally is no longer just about iron ore

Stronger freight earnings, diversified commodity demand and rising vessel utilisation have pushed dry bulk asset values sharply higher, reinforcing buyer confidence and supporting secondhand prices across virtually all vessel segments