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Danish Ship Finance: Dry bulk growth to slow down in 2013

The share of new dry bulk vessels on the market will decrease in 2013 as the deployment of the dry bulk vessels will slow down according to the half-yearly shipping market review published by Danish Ship Finance.

BY LOUISE VOGDRUP-SCHMIDT

From 13 percent this year to 3 percent next year. A fall of 10 percentage points in the growth of the dry bulk fleet is the difference predicted by Danish Ship Finance for the year to come.  The prediction is published in publication from Danish Ship Finance “Shipping Market Review” which analyses the different shipping sectors.

This year, the growth of the dry bulk fleet is expected to be 13 percent corresponding to 81 million dwt. This will have an influence on next year’s growth of the fleet, Danish Ship Finance assesses, predicting a 2013 growth of 3 percent corresponding to 24 million dwt as a result of another year with a record high level of scrapping.

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