Freight Rate Forecast - Dry Bulk Market Briefing 2021

The dry bulk market will be supported by a limited fleet growth and anticipated demand growth as the world economy recovers in the coming years. However, the strength in the freight rates would likely face correction with reduced physical trade and improved port operation once the vaccine become more widely available.

In our latest dry bulk market outlook, principal analyst Daejin Lee provides a deeper analysis of trade demand and fleet supply for dry bulk market, covering steel, iron ore, coal, grain, and freight.

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