The dry bulk market has risen to its highest level in 18 months, with many market delegates stating that China’s efforts to rejuvenate the country’s economy and more specifically its real estate sector, is providing an important boost to the dry bulk m…
Numerous signs suggest that restraining influences on the newbuilding orders trend could persist. But within this broad view changing perceptions about prospects for individual segments of the world merchant ship fleet continue to result in contrasting…
Global newbuilding orders ebb and flow Read More »
Industry debate on future fuels continues to evolve, from the visionary to the practical. There are calls to consider and understand the potential consequences of the relatively minor role that shipping plays in the global industrial hierarchy for acce…
The newbuilding ordering activity has slowed down over the past week, but interest has remained high for some specific sectors. In its latest weekly report, shipbroker Allied said that it was “a quieter week than the last, though clear interest remains…
Newbuilding Ordering Activity Slows Down Read More »
In our base scenario, we expect cargo demand to grow by 2.5-3.5% in 2023, 0.5-1.5% in 2024 and 1-2% in 2025. Average haul could increase by between 0.5% and 1.5% in 2023 and between 0% and 1% in both 2024 and 2025. From 2024 onwards, there may be a dec…
Dry Bulk Market: Muted fleet growth helps maintain market balance Read More »