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: 16 Oct 2020

China-Australia tiff to hit dry bulk demand
The Chinese government has prohibited the import of Australian coal, which will be detrimental for dry bulk vessels as Chinese importers will shift from Australia to Indonesia and Mongolia, resulting in a decline in average haulage length and a loss in shipping demand.

06 Aug 2020: Coking coal’s rail ticket to hit Panamax demand post 2025
Increasing penetration of renewables in the energy mix has already created a bearish outlook for non-coking coal trade, but completion of the rail network between Mongolia and China in 2021 threatens to bring the coking coal trade between Australia and China to a screeching halt in the long term.

21 May 2020: Guinea set to supply iron ore from 2026
Development of the Simandou blocks in Guinea will not only increase the country’s iron ore exports but will also prompt Chinese importers to shift some iron ore imports away from Australia to Guinea, which will add to dry bulk shipping 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.

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

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.

Ship operating costs rise on higher R&M and insurance spend

Underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend, while costs are expected to continue rising at a similar pace in 2020, according to Drewry’s latest Ship Operating Costs Annual.

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 06 Aug 2020

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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