7 October 2016
Dry Bulk Crisis Could Lead to Major Changes

bimco-predicts-wider-impact-of-dry-bulk-crisis-320x240The current crisis in the dry bulk shipping sector could have a wider impact with effects on other major sectors of shipping such as tankers and containers, according to BIMCO’s latest report.

Looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties, BIMCO predicts major changes, including consolidation, greater focus on risk management and higher finance costs.

Namely, consolidation and risk management will be the new industry model for dry bulk shipowners with parallel effects in other sectors.


Source from World Maritime News. For more info, please read thru