Bulk shipping outlook


Last year was a turbulent 12 months for the dry bulks sector, especially with the Ukraine war continuing and the new war in Gaza, said Rahul Sharan, Head of Dry Bulk Research, Drewry.

In 2024, key factors driving the market will be China’s demand for coal and iron ore, and shipping supply side issues based on how ship owners will cope with the EU Emissions Trading System and IMO emissions requirements.

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