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Secondhand Bulker Sales Plummet 58% in Early 2025

4/23/2025

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Summary

Story summary

In early 2025, the secondhand bulker market took a significant hit, with sales plummeting by 58%—only 77 deals were made compared to 182 in the same quarter of 2024. Senior analyst Rebecca Galanopoulos highlighted a widespread decline in bulker values across various sub-sectors and sizes, signaling a challenging market ahead.

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Story summary

In early 2025, the secondhand bulker market took a significant hit, with sales plummeting by 58%—only 77 deals were made compared to 182 in the same quarter of 2024. Senior analyst Rebecca Galanopoulos highlighted a widespread decline in bulker values across various sub-sectors and sizes, signaling a challenging market ahead.