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…
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 »
The dynamics of the freight market at the end of November fueled market participants’ expectations of an upturn in the final month of the year, with the Panamax ship size continuing to gain significant strength compared to the smaller vessel cate…
The dry bulk fleet’s net growth this year, won’t surpass the 3% mark, marginally higher than 2022, but lower than both 2021 and 2020, maintain the favorable fundamentals picture of the past few years. In its latest weekly report, shipbroker Intermodal …
Dry Bulk Fleet Growth for 2023 Expected to Reach 3% Read More »
Capesize For the first half of the week, the market faced subdued activity, particularly in the Pacific with a slight downward movement on rates on C5. The Atlantic market also experienced limited activity, with discussions on C3 reflecting a somewhat …
Dry Bulk Market: Capesizes Record Third Weekly Gain Read More »