Bonus episode: Dry bulk shipping market outlook for 2023

Seatrade Maritime Podcast

The dry bulk shipping market endured a tough second half of 2022 and the outlook for the coming year does not look promising with a combination of depressed demand and fleet growth.

For listeners interested in specific industry sectors only we have taken the Seatrade Maritime Podcast Shipping markets outlook 2023 episode and split into four mini-episodes focusing on a specific sector

In the second part of our shipping market outlook series we are focusing on the dry bulk sector with Plamen Natkoff, Associate Director for Dry Bulk Commodities and Freight with Maritime Strategies International (MSI). He tells the Seatrade Maritime Podcast that the dry bulk market had to contend with negative cargo volume growth in 2022 and this impacted freight especially in the second half of the year.

The episode covers:

• Trade growth prospects
• Port congestion
• Fleet utliisation and growth
• Freight rate forecast

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