bimco

BIMCO Sees Steady Dry Bulk Market

BIMCO expects the dry bulk market to remain steady through 2025, according to the shipping association’s January Dry Bulk Shipping Market Overview and Outlook.The dry bulk market will look much like 2023 in each of the next two years, BIMCO said. Supply is expected to grow 1 percent to 2 percent in both 2024 and 2025, while demand is forecast to grow 0.5 to 1.5 percent in 2024 and 1 ... [+]