Dry bulk rates may have eased back significantly in recent weeks but there is still plenty of positive sentiment on the future market. Many shipbrokers are describing today’s rather softer market as a correction to what had become a seriously overheated sector, with the cost of freight becoming itself a damaging factor in the world’s dry bulk trades. The pause in the market has led to a slackening in the pace of new contracting that, brokers say, may be no bad thing. Some owners had become so concerned by rapidly rising new ship prices that they were rushing in, whatever the price. That trend, at least for the moment, appears to have eased as owners have come to the conclusion that the wild rates of February and March were quite exceptional…