https://www.youtube.com/watch?v=x-tSSTU5JYI
In the video, Mr Peter Sand, BIMCO’s Chief Shipping Analyst, provides an extensive insight on the latest market conditions for shipping.
According to the analysis:
- Dry bulk shipping has recently seen an improved market, but this is not the deal for iron ore, as imports slip and the fleet grows faster.
- Oil tanker shipping is extremely bad market right now and as the fleet is growing faster than demand, the crisis is prolonging.
- Container shipping is also a little bit ‘disappointing’ as demand is not growing and it is obviously very difficult to hold down fleet growth to improve the market.
