Dry bulk shipping

The collapse of the bridge near the Port of Baltimore has hampered shipping demand as it has disrupted the cargo movement to and from the port. It has forced importers of US cargo to scout for other destinations and exporters to wait until the situation normalises.

 

Over the past few months, Ukraine has witnessed a remarkable surge in grain exports, signalling a robust agricultural industry. Despite the expiration of the Black Sea Grain Initiative, which once governed the region’s trade dynamics, Ukraine’s grain shipments have surged, contributing approximately 25 billion tonne miles monthly.

 

A significantly low utilisation of the fleet in 2023, aided by reduced waiting time, led to an increased supply stretch available for employment. As a result, freight rates have been substantially down this year despite a surge in demand.

Actionable market insight and advisory support at your fingertips

Our dry bulk shipping practice is highly respected in the industry and is regularly followed and referenced in both industry and mainstream media. The team is responsible for maintaining extensive information resources and conducting weekly, monthly and annual analysis on the sector and assessing the impact of macroeconomic as well as regulatory and environmental change on the sector.

In addition to detailed market analysis and rigorous forecasting, we offer market leading analysis of the dry bulk market, covering all the principle vessel categories, as well as appraisals of shipping finances, including pricing, operating costs, vessel values and investment returns. We challenge conventional wisdom through our deep understanding of the trade dynamics driving demand for different vessel types in all corners of the world.

Our consultants typically provide charterers in industrial, utilities and mining sectors with seafreight procurement advice, shipowners with market entry strategies and commercial and operational due diligence for investors and lenders. Meanwhile, our team of financial research specialists provides actionable insight on the leading tanker shipowners.

An elite and diverse group of industry stakeholders from shipowners, to charterers, port authorities, investors and financial intermediaries rely on our range of weekly, monthly and annual market research, sector expertise and commercial experience to help inform decisions, reduce costs and drive performance improvement.