Insight
Can the dry bulk shipping industry maintain supply discipline?
Report summary
The maritime bulk shipping sector remains in a profound crisis. Weak growth in dry bulk seaborne trade, the ongoing addition of new bulk carrier capacity, and variable vessel demolition rates have caused shipping companies' earnings to decline. Current market time charter rates are insufficient to cover operating costs despite reductions in the operating costs. Without rationalisation, overcapacity has reached levels that will take several years of growth to bring balance to supply and demand.
Table of contents
- Overview
- Dry bulk seaborne trade (Mt)
- Dry bulk carriers supply
Tables and charts
This report includes 8 images and tables including:
- Baltic dry bulk index (BDI)
- Seaborne dry bulk trade history and forecast
- Global and China GDP growth rate forecast (%)
- Dry bulk carriers age profile (October 2016)
- Net increase in vessel fleet (Mdwt)
- Yearly vessel demolition (Mdwt)
- Baltic dry index (BDI)
- Dry bulk trade net increase and 4TC average Baltic capesize index
What's included
This report contains:
Other reports you may be interested in
Asset Report
Kingashsky - Cobalt project
A detailed analysis of the Kingashsky nickel project.
$2,250
Asset Report
Minahasa (Closed) gold mine
A detailed analysis of the Minahasa (Closed) gold mine.
$2,250
Commodity Market Report
Global bulk steel alloys short-term outlook February 2024
Wood Mackenzie's latest short-term view on chromium, manganese and silicon markets.
$5,000
