Dry bulk at risk from crew change crisis
Logistical issues caused by the pandemic present some upside to dry bulk freight earnings with several nations (including China) banning any non-national crews from disembarking
A recovery in demand will support small year-on-year gains in the fleet utilisation rate in 2021, according to shipping consultant Maritime Strategies International. Incremental demand of 29m dwt will outmatch supply growth of 26.1m dwt, driving a small uptick in the total fleet employment