Splash Extra

Analyst Abstract

Dry Bulk

The dry bulk orderbook currently stands at a 6.5% of the fleet, according to Cleaves Securities, the lowest in over two decades. However, the schedule for newbuilding deliveries this year, adjusted with vessels returning from scrubber retrofits, points to a projected 4.6% growth in the dry bulk fleet carrying in 2020 and an estimated 5.9% net fleet growth year-on-year for full year 2020. If realised, this would mark the highest yearly net fleet growth since 2013.

On the demand si...

To continue reading, please login below or subscribe here.


Back to top button