News
The dry bulk shipping market is expected to go through a tough year in 2025, which could cut demand 1% from the previous calendar year, according to Tradeviews. The U.K. trade analyzer and consultancy sees that iron ore and coal, the two leading commodities in the market, will hit hard, which could reduce demand for large bulkers by up to 2%.
By ship class, demand is foreseen to decline up to 1.9% for Capsize bulk carriers and 1.4% for Panamaxes. On the other hand, Tradeviews is more optimistic about smaller classes, projecting an overall demand growth of 1%. The West Sussex-based company envisages the most significant expansion will be made for Handysize bulkers with demand picking up 0.5%. Demand for Supramax bulkers is anticipated to hike a minute 0.2%.
