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Drewry expects dry-bulk charter rates to keep recovering on faster demand growth and controlled fleet expansion. The report says demand will improve as iron ore, coal and grain trades strengthen, supported by Chinese infrastructure activity, and that a delay in ballast water rules will limit fleet growth.
Stronger bulk demand and tighter fleet supply point to higher freight costs over the coming years, which feeds into the cost of imported feed grains.
freightnews.co.zaAug 2, 2017Not 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.
