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Analysts at the Breakwave Day 2024 event expect 2025 to be a year of contrasts in dry bulk. They forecast higher Capesize rates on low fleet growth and iron ore, coal and bauxite demand, while Panamax and smaller segments face headwinds.
Weaker Panamax rates are relevant to grain freight costs, since Panamaxes carry much of the grain trade, while Capesize strength would not directly move grain shipping.
breakwaveadvisors.comNoviseaJan 27, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
