Drewry: Dry Bulk Shipping To Recover On Muted Vessel Supply
Moderating vessel supply growth over the next few years together with a mild improvement in the outlook for seaborne trade will enable a reduction on chronic overcapacity.
Asia Dry Bulk-Capesize Rates Could Hit Bottom As Owners Wait For Cargo Rebound
Freight rates for capesize bulk carriers could bottom next week as owners resist charterers’ attempts to force rates lower on the expectation of an end-of-year cargo flurry, brokers said on Thursday.