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Bulk Solids Industry - Trends and Facts 2013
Dry Bulk Carriers: Supply Growth on Decline
According to Bimco, 2013 marks a new start in terms of a downward sloping trend in dry bulk carrier supply. This stands in very positive opposition to the case of the previous four years with escalating deliveries. 2013 is likely to see 66 million dwt delivered, a significantly lower level than in 2012. Deliveries in January of 8.1 million dwt represent a 7-month high, as the slow-down in deliveries during the second half of 2012 was significant. This is in line with Bimco's forecast of a “front-end loaded” year, with the strongest inflow expected for the first half year. (Picture: Picture: bulk solids handling)