Dry cargo market report
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In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for both 2024 and 2025 compared to our previous forecast due to a weaker outlook for coal as renewable electricity production accelerates. Average sailing distances ... Please follow the link to continue reading.
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BIMCO has established a subcommittee to develop a standard contract for offshore wind turbine transport and installation, supporting the renewable energy industry.