Sustained downturn threatens dry bulk with new recession

Dry bulk could be heading for a new recession similar to the dramatic downturn in 2016, reads the pessimistic assessment of shipping professor Roar Os Ådland after a prolonged dip in the Baltic Bry Index.

Photo: Norden

According to Professor Roar Os Ådland from the Norwegian School of Economics, if the global economic slowdown continues, it could hurl the dry bulk sector into a recession similar to record-low levels from 2016 – the market's historic low point.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs