Press release
Dry Bulk Shipping Market Review and Forecast to 2025; Dry Ships, Inc., Genco Shipping & Trading Ltd, Baltic Trading
All the reports that we list have been tracking the impact of COVID-19 the market.
The global Dry Bulk Shipping Market was registered USD 313.07 billion in 2018 and is projected to grow at a CAGR of +5.0% during the forecast period 2020 to 2025.
Top Companies in the Global Dry Bulk Shipping Market are
Diana Shipping, Dry Ships, Inc., Genco Shipping & Trading Ltd, Baltic Trading, Navios Maritime Holdings, Star Bulk Carriers, and Others.
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A bulk carrier is a seagoing vessel that is specially designed to transport unpackaged bulk cargo such as grains, coal, ore, and cement in its cargo holds. A dry bulk shipping company such as Golden Ocean Group simply owns a fleet of these ships that it then uses to transport bulk cargo for a customer in exchange for money. As these shipping firms effect the transport of large quantities of these goods across the oceans and between different companies, they are critical to international trade.
Types of the market are Time Charter, Voyage, and Other.
Applications of the market are Iron Ore, Coal, Grain, Steel Products, Lumber or Log, and Other.
News Updates
- June 10, 2020/ Genco Shipping leads the first full crew change under new COVID-19 protocols in Singapore
For More Information Use Referral Link below
- June 12, 2020/ Diana Shipping announces time charter contract with Engelhart CTP
The gross charter rate is US$14 250/d, minus a 5% commission paid to third parties, for a period until minimum 1 October 2021 up to maximum 31 December 2021. The charter commenced on 6 June 2020.
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- May 27, 2020/ Dry Bulk Shipping: No Quick Recovery For The Dry Bulk Market As Covid-19 Digs Deeper
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to work in China is not enough to support the market.
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(Avail Offer: Flat 20% Discount on this report)
Browse Full Report Description with TOC
https://www.marketinsightsreports.com/reports/07161360604/global-dry-bulk-shipping-market-size-status-and-forecast-2019-2025?mode=72&source=openPR
Regions covered By Dry Bulk Shipping Market Report 2020 To 2025 are
North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other).
Objectives of the Dry Bulk Shipping market report is
- A comprehensive evaluation of all opportunities and risks in the market.
- Dry Bulk Shipping market current developments and significant occasions.
- The deep study of business techniques for the development of the market-driving players.
- Conclusive study about the improvement plot of market for approaching years.
- Top to the bottom approach of market-express drivers, targets, and major littler scale markets.
- Favorable impressions inside imperative mechanical and publicize the latest examples striking the market.
References and Sources
https://www.drybulkmagazine.com/shipping/10062020/genco-shipping-leads-the-first-full-crew-change-under-new-covid-19-protocols-in-singapore/
https://www.drybulkmagazine.com/shipping/12062020/diana-shipping-announces-time-charter-contract-with-engelhart-ctp/
https://www.hellenicshippingnews.com/dry-bulk-shipping-no-quick-recovery-for-the-dry-bulk-market-as-covid-19-digs-deeper/
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