Dry Bulk Shipping

Dry Bulk Shipping: Latest thinking

14 June 2018: While coal demand and imports in Europe, India and China are slowing down, emerging consumers in South East Asia will salvage coal trade to a certain extent.

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Key Contacts

Rahul Sharan

Rahul Sharan

Lead Research Analyst, Dry Bulk

Dry bulk shipping

Latest opinion: 21 Sep 2018

Weakening Turkish lira and tariffs from US to have limited impact on global shipping demand
The ongoing weakness in the Turkish economy and corresponding depreciation in the lira is making the country’s imports expensive. Turkey is also facing a trade tussle with the US. So what are the prospects for Turkish external trade and the shipping industry?

26 Jun 2018: Trump and Kim’s forging alliance could hit dry bulk recovery

While a growing proximity between US President Trump and North Korean Dictator Kim is important to deescalate political tension in the Pacific, their alliance could potentially leave 29 Panamaxes unemployed, while providing employment to only 11 Supramaxes.

20 Jun 2018: A divided market
Eco-ships will be able to bargain a considerable premium over their vintage counterparts in the wake of higher bunker prices, resulting in a two-tier market. Post-2020, we expect steep LSFO/ MGO prices, coupled with cheaper HFO prices to lead to a three-tier structure.

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.

Key Contacts

Rahul Sharan

Rahul Sharan

Lead Research Analyst, Dry Bulk

Key Contacts

Rahul Sharan

Rahul Sharan

Lead Research Analyst, Dry Bulk

Related News

Capesize charter rates expected to keep increasing despite trade war uncertainties

Drewry maintains a positive outlook on the dry bulk market and expects charter rates to improve from current levels, according to its latest Dry Bulk Forecaster.

Ship operating costs stabilise as market recovery lifts pressure

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners should prepare for higher costs led by a spike in insurance premiums, according to Drewry’s latest Ship Operating Costs Annual.

Recent Projects

China Dry Bulk Terminal Market Study

This project study provided a detailed and impartial assessment of the China dry bulk terminal industry to assist the client with potential industry investment decisions.

Shipping business strategy study

Drewry conducted a detailed strategic study for a shipyard left with severely depreciated assets and over USD$300 million debt.
Advisory services in bulk shipping

Advisory services in bulk shipping

We offer specialist advisory services to support your operational, planning, strategic and investment needs. As well as operational and technical due diligence services we also conduct bespoke market analysis, financial modelling and feasibility studies to support the commercial and strategic objectives of operators, dry bulk terminal operators, government agencies, lenders and investors with interests in the sector.

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Dry Bulk Forecaster (Annual Subscription)

Dry Bulk Forecaster (Annual Subscription)

Quarterly Forecaster · Latest release 14 Aug 2018

Drewry’s recently revamped Dry Bulk Forecaster provides five year forecasts, assessments of charter activity freight rates and forecasts of Handymax, Handysize, Panamax, and VLOC supply and demand. All quarterly report updates are accompanied by tables and charts in MS Excel format. A Dry Bulk Forecaster annual subscription now includes FREE Monthly Supplements.

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Type of Report



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Scorpio Bulkers 2Q18 - Result update

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Star Bulk Carriers 1Q18 - Result update

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Golden Ocean 1Q18 - Result update

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Scorpio Bulkers 1Q18 - Result update

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Star Bulk Carriers 4Q17 - Result update

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Dry Bulk Shipping Outlook 2018 - Recovery to normalise in 2018

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