The world's leading and only monthly dry bulk publication.
Roundup of the latest Capesize, Panamax, Supramax, Ultramax and Handysize markets from The Baltic Exchange.
While tanker owners toast their good fortune, bulker operators are downing a cocktail of higher costs, weaker demand and a supply side influx.
The global dry bulk shipping market is anticipated to grow at a compounded annual growth rate (CAGR) of 4.14% during the period spanning 2019 - 2023. The market is expected to be valued at US$402.65 billion in 2023.
The shipping industry faces some very significant challenges over the coming years but has a number of reasons to be cheerful as it enters a new decade, according to accountancy and business advisory firm BDO.