Dry Bulk Market: More Newbuildings Pose Threat to Rebalancing, But Demand Growth is There Says Shipbroker

With the dry bulk market sentiment rising, ship owners have placed more and more newbuilding orders, threatening to throw the current favorable market fundamentsl off course. However, a combination of enough demolition candidates and robust demand growth, despite the ongoing trade tensions, are keeping the current momentum in shipping’s favor. Still, things could be even …