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dry-bulk-shipping

Improving Demand Easing Oversupply in Dry Bulk Shipping

With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017 onwards, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry. An impressive outlook for dry bulk demand coupled with a small order book of newbuilds as a percentage of the total fleet capacity will ensure a sustained recovery in the dry bulk market. Earnings ... [+]

Dry Bulk Shipping Not Expected to See Profitability Before 2017

The gloomy outlook for the dry bulk shipping market continues to afflict shipowners and the market is not expected to return to profitability before 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry. Ship owners continue to struggle to recover their costs as commodity demand falls ... [+]

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