Insight

Can the dry bulk shipping industry maintain supply discipline?

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

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.

What's included

This report contains

  • Document

    Can the dry bulk shipping industry maintain supply discipline?

    PDF 301.81 KB

Table of contents

Tables and charts

This report includes 8 images and tables including:

Images

  • 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

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898