During 2024, the supply/demand balance has improved and the full year is expected to end stronger than 2023. However, in our main scenario we expect a weakening of market conditions in 2025 and 2026. For both years we are working with two demand scenarios depending on when ships can fully return to... Please follow the link to continue reading.
The International Monetary Fund (IMF) forecasts the global economy to grow by 3.2% in 2025 and by 3.3% in 2026. The IMF reports a weaker outlook for China, Latin America and the European Union. Inflation has continued to abate since our last update and advanced economies have started easing interes... Please follow the link to continue reading.
We expect that 2024 will end with demand growth of 5-6% but the coming years will display significantly weaker growth. In our base scenario, we forecast dry bulk demand to fall by 0.5-1.5% in 2025 and grow by 2-3% in 2026. In our alternative scenario, demand will grow by 0.5-1.5% in 2025 and 0-1% in... Please follow the link to continue reading.
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Tanvi is a Senior Research Analyst within Drewry’s bulk shipping research. She authors Drewry’s flagship product, the Dry Bulk Forecaster and contributes to the monthly Shipping Insight. Tanvi has more than four years of experience in research and analytics and has worked on various projects related... Please follow the link to continue reading.
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