Bimco – Drybulk market prospectives-

Everything written here trying to extract key numbers from this market analysis

Utilisation rate of the drybulk fleet: –> 2007: 99.9%  Vs. 2016: 70%. The 30% of excess capacity is representing 227 Millions DWT at sea, which to figure out equals to 73% of the entire current Capesize fleet or all ships (at sea) built before 2006!

Break haven for owners, likely to come back when utilisation rate back above 74.4%. When this utilisation rate likely to be back above 74.4%… ? Well please read the report… not much to had

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s