Bulk rates are to rise 35 percent average this year and 25 percent in 2015. Such assesses analyst RHB Research in the light of new data indicating that the net increase in the bulk tonnage last year was only 6 percent.
Six percent is much lower than feared, and only marginally more than the increase in demand which is around five percent.
Less bright it appears on the tanker market where mainly the crude oil market will continue to be very volantile. Overall, the research firm expects, however, that crude rates will rise 15 percent this year and 25 percent next year.
Source: Shipping Herald / Maritime Denmark
Six percent is much lower than feared, and only marginally more than the increase in demand which is around five percent.
Less bright it appears on the tanker market where mainly the crude oil market will continue to be very volantile. Overall, the research firm expects, however, that crude rates will rise 15 percent this year and 25 percent next year.
Source: Shipping Herald / Maritime Denmark