Uruguay, Jose Ignacio - Entrance
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International shipping industry organisations, with military support, have launched a new website dedicated to providing comprehensive maritime security guidance to companies and mariners.
We expect the supply/demand balance to marginally weaken in 2024 and remain stable during 2025. Supply is expected to grow by 1-2% in both 2024 and 2025, while demand is projected to grow by 0.5-1.5% in 2024 and 1-2% in 2025. Overall, we believe that the dry bulk market can look forward to the next ... Please follow the link to continue reading.
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Cargo volumes are expected to grow more slowly than the fleet, at 3-4% in both 2024 and 2025 vs. fleet growth of 9.5% in 2024 and 4.9% in 2025. However, the ship supply/demand balance is still expected to strengthen in 2024 as Houthi attacks on ships in the Red Sea force ships to take longer r... Please follow the link to continue reading.
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We expect the supply/demand balance to strengthen in 2024 and weaken in 2025. Supply is estimated to grow by 2-3% in 2024 and 1.5-2.5% in 2025, while demand is projected to grow by 2.5-3.5% in 2024 and stagnate in 2025. Overall, conditions in the dry bulk market should stay strong in 2024 but could ... Please follow the link to continue reading.