Insight
Dry bulk freight outlook
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Are we witnessing the start of a dry bulk super cycle? The dry bulk market has remained unabated so far in 2021 from higher volumes from industrial bulks through to grain, but also from support from the broader rally in commodity prices, including bunker fuel prices firming up and other factors such as continued Covid-19 related fleet inefficiencies and vessel queues at key origins and destinations. Looking ahead, freight rates should ease from current high level but low fleet growth will continue to support the dry bulk market. Global regulation of the shipping industry continues to gather momentum with concrete measures to reduce CO2 emissions which will impact vessel supply and also provide support.
Table of contents
- Are we witnessing the start of a dry bulk super cycle?
- Freight rates should ease from current high level but l ow fleet growth to continue to support dry bulk market
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CO2 REGULATIONS
- Global regulation of the shipping industry continues to gather momentum with concrete measures to reduce CO2 emissions
- Inclusion of the maritime transport within the EU Emissions Trading Scheme
- Impact on dry bulk shipping
Tables and charts
This report includes the following images and tables:
- Capesize freight rates to China – Iron ore
- Key freight rates – Thermal coal
- Capesize earnings since 2005
- Chinese iron ore imports since 2005
- Dated Brent price forecasts and bunker prices YoY % forecasts mix (RHS)
- Key iron ore routes freight forecasts (rates in US$/tonne)
What's included
This report contains:
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