Dry bulk shipping outlook points to weaker market conditions in 2027 and 2028

Dry bulk shipping outlook chart comparing annual ship supply and demand growth in 2027 and 2028 under Strait of Hormuz closed and open scenarios.

The dry bulk shipping outlook points to a gradual weakening of market conditions in 2027 and 2028 as fleet expansion outpaces growth in vessel demand. The global dry bulk fleet is forecast to grow by 4% annually in both years, while demand growth could remain between 0.5% and 2.5% if the Strait of Hormuz stays effectively closed. The orderbook has […]

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