Analysis: Increased dry cargo pressure in second half of 2012
The dry cargo sector is about to be flooded. 355 new panamax vessels will be delivered in the second half of 2012 while a further 145 new capsize vessels are also expected to be delivered according to figures from Commodore Research.
As expected, the dry cargo market will be under pressure in the second half of 2012 and in 2013 caused by a capacity increase. Figures from Commodore Research underline this.