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International Dry Bulk Ship operations

Lower dry bulk fleet growth needed to lift rates

With demand expected to shrink this year, lifting dry bulk rates from current loss-making levels requires fleet growth to be brought down to 2%, says the shipping association BIMCO. That would mean an extra 10m dwt leaving the fleet

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As it stands, BIMCO expects fleet growth of 3.1% this year, up from 2.9% in 2018

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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