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Dry bulk fleet exceeds 800 mill DWT as supply surges

09 March 2017

The dry bulk fleet exceeded 800 mill DWT in January 2017, as the dry bulk fleet grew by 2.6% year on year. BIMCO’s Chief Shipping Analyst Peter Sand expects the dry bulk fleet to grow 1.6% for the full year in 2017, if the projected demolition activity of 19 mill DWT is realised. The declining growth rate from the panamax, supramax and handysize segments was absorbed by a growing capesize fleet; the total fleet growth was stable in 2016.

BIMCO to launch new Dry Bulk Cargo Network

18 December 2023

In an effort to bring BIMCO owner-members operating with dry bulk cargoes together in an environment where they can learn from each other, BIMCO is launching its next new network – the BIMCO Dry Bulk Cargo Network.

Dry Bulk Shipping

10 February 2010

Solid demand picture in a stabilized market but a tsunami of ships are expected to be launched in 2010

Dry Bulk Shipping

15 December 2009

Enjoy the ride while it lasts - before over-supply of capacity takes over. Demand: Chinese imports of iron ore and coal have been the dominating factor throughout the year

Demolition age drops as the dry bulk market enters another challenging year

05 February 2016

The dry bulk market faced a lot of headwind in 2015 as dwindling demand and over-supply created very unfavourable market conditions. 2016 has shown no improvements so far and prospects for the rest of the year are not looking promising. With poor earnings across the board the average scrapping age has dropped among all the dry bulk segments.