# Maritime CEO Forum: Banchero Costa on where dry bulk went wrong - Splash247

> Splash247 reports that Banchero Costa research head Ralph Leszczynski told the Maritime CEO Forum in Singapore that dry bulk will stay difficult through 2019. He cited a series of disasters at miners, including Vale's problems, as black swans, and expects rates to improve in the second half but not to exceed 2018 levels for the year.

- Date: 2019-04-15 · published 2019-04-15T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/59789-maritime-ceo-forum-banchero-costa-on-where-dry-bulk-went-wrong-splash247
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A slow recovery in dry bulk rates keeps ocean freight costs subdued for grain and oilseed exporters through 2019, which supports moderate import costs for feed buyers.

## Sources

- splash247.com: https://splash247.com/maritime-ceo-forum-banchero-costa-on-where-dry-bulk-went-wrong/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.