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Breakwave-style Q3 2022 bulker outlook argues that fundamentals remain encouraging despite recession warnings. The Executive Summary says bulk fleet growth is sub-2% in 2022 and that a shallow recession may hit the US and others in late 2022 and early 2023.
Tight fleet growth supports dry-bulk freight rates, which affects ocean grain shipping costs, but recession risk could cap demand.
maritimes.grmaritimesJul 20, 2022Not 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.
