Jul 09, 2018 · Dry Bulk Shipping Stocks Are Poised To Jump The dry bulk fleet owners I talk to are more bullish on industry fundamentals than they have been for Author: Jim Collins. 2017 Outlook: ‘A Year of Transition’ for Maritime & Global Trade. MARITIME & TRADE. 2017 Shipping Summary. The overall dry bulk fleet is becoming younger, currently 32 million dwt scheduled for delivery in 2017, 2018 - 13 million dwt scheduled for delivery.
As Chinese electricity demand this year is higher than ever, coal-fired power-plants are bridging the gap. This benefits dry bulk shipping, but watch out for coal prices delivered in northern parts of China. If they go high (above 630 yuan per ton), the authorities tend . Despite the positive sentiment coming back in the dry bulk market, as shown by the latest rise in the Baltic Dry Index, the industry’s benchmark, shipbrokers and analysts remain cautious.
Therefore, a growth in the global steel production is very positive for the dry bulk industry since it boosts the imports of raw materials. Therefore, a high correlation exists between the BDI and the global production index as shown in the below graph for the years between 2013 and 2016. Jan 29, 2016 · As world demand for dry bulk goods increases, the dry bulk fleet can slowly increase to match the demand-the two year time frame to build a ship isn't an obstacle for a slowly changing demand for dry bulk ships. Dry Bulk Shipping is a fragmented industry with many shipping companies in Author: Kurt B. Feierabend.