USA, Alaska, Red Dog AK - Weather and Sea conditions
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The World Shipping Council, the International Chamber of Shipping and BIMCO today expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea and unlawful detention of vessels and crews there.
Members are advised of the UK MTO advisory published yesterday concerning the attack in the Red Sea.
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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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