Dry bulk shipping market set for growth

The dry bulk fleet is estimated to grow by 2.7% in 2024 and 1.9% in 2025. However, lower sailing speeds could cause supply to only grow by 1-2% in both 2024 and 2025. Cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. Source: BIMCO
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