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Dry Bulk Shipping

Dry Bulk Shipping: Latest thinking

Sept 2019: Surging iron ore exports from Brazil and contracting vessel supply in the region will keep Capesize/VLOC vessels in high demand in the Atlantic, supporting the continued surge in freight rates.

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Advisory expertise

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Key Contacts

Rahul Sharan

Rahul Sharan

Lead Research Analyst, Dry Bulk
Diksha Goel

Diksha Goel

Senior Research Analyst, Drewry Maritime Research

Dry bulk shipping

Latest opinion: 7 Sep 2021

Unrest in Guinea to have limited impact on dry bulk market
The recent political upheaval in Guinea might affect freight rates of Capesize vessels in the region over the next few weeks, but the impact might not be sustainable in the long term due to the Chinese clout in West Africa.

25 May 2021: China pushes coal trade on the longer route – a boon for smaller vessels?
China continues to block Australian coal and is diversifying its import sources (long haul countries) which will support coal shipping demand in 2021.

09 Feb 2021: Hydrogen replacing coking coal – should owners of dry bulk ships take note?
The recent development of replacing coking coal with hydrogen in crude steel production has created a buzz that coking coal might soon be out of favour. For dry bulk operators this is a potentially negative development, but is this really the case?

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
Diksha Goel

Diksha Goel

Senior Research Analyst, Drewry Maritime Research

Key Contacts

Rahul Sharan

Rahul Sharan

Lead Research Analyst, Dry Bulk
Diksha Goel

Diksha Goel

Senior Research Analyst, Drewry Maritime Research

Related News

COVID-19 drives up ship operating costs

Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insurance cover premiums and COVID-19 related expenses, but are expected to moderate in subsequent years as pandemic related spend unwinds, according to Drewry’s latest Ship Operating Costs Annual Review and Forecast.

Drewry launches exclusive membership Club as part of 50th year celebrations

As part of celebrations to mark our 50th anniversary, we have introduced an invitation only membership club for our advisory clients and long-standing subscribers of our maritime research services.

Recent Projects

Charter attached valuations of VLOCs

Completion of charter attached Very Large Ore Carriers (VLOC) valuations for the client.

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.

Advisory Expertise

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.

Case Studies

Long-term dry bulk and liquid bulk sea freight strategy

Drewry assisted the client by formulating a seafreight procurement strategy to meet the long-term shipping demand of both dry and liquid bulk commodities.

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Dry Bulk Forecaster (Annual Subscription)

Dry Bulk Forecaster (Annual Subscription)

Quarterly In-depth Market Forecasts · Latest release 03 Aug 2021

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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Related Maritime Research
Our equity research service provides our clients with a range of report formats and supporting resources for the companies we cover.

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Investment analysis based on a clear understanding of the market at both an industry and sector level.

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Type of Report



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