BIMCO’s Documentary Committee has approved a revised version of the Continent Grain Charter Party, SYNACOMEX
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We estimate that dry bulk supply will grow by 3-4% in 2024 and 2-3% in 2025 and 2026. The dry bulk fleet is forecast to grow by 3% on average in 2024 and in 2025 and by 2.6% in 2026. Stable deliveries and increased recycling will slow fleet growth. Ship deliveries are estimated to reach 34.2, 34.5 ... Please follow the link to continue reading.
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BIMCO's Chief Shipping Analyst looks at the shipping number of the week. This week: Ukraine grain exports
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We expect that 2024 will end with demand growth of 5-6% but the coming years will display significantly weaker growth. In our base scenario, we forecast dry bulk demand to fall by 0.5-1.5% in 2025 and grow by 2-3% in 2026. In our alternative scenario, demand will grow by 0.5-1.5% in 2025 and 0-1% in... Please follow the link to continue reading.
