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2020 could be a negative turning point for dry bulk

The next couple of years look good for dry bulk. But the scope of new ships underway could become a problem for the market already by 2020, Noble Chartering and Falcon Maritime tell ShippingWatch.

While there are positive expectations for the dry bulk market the next couple of years, 2020 could be a negative turning point for the sector, according to dry bulk market players in comments to ShippingWatch.

At Noble Group's dry bulk shipping company Noble Chartering, CEO Michael Nagler notes strong demand for commodities and customers right now, but he adds that the question is whether the looming trade war, with tariffs on goods such as steel and aluminum, "will have any real impact on the market."

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