Bulk

Herman Billung expects "headwinds" before renewed dry bulk upswing by year's end

The global dry bulk market is entering a period of headwind, but 2020 Bulkers and Himalaya Shipping CEO Herman Billung is unshakable in his belief in the market. ”I have been in dry bulk for 33 years, and I have never seen an order book as low as right now.”
Photo: Star Bulk
Photo: Star Bulk
by DANIEL LOGAN

The dry bulk segment is seriously slowing down after the market in 2021 and into 2022 hit the highest levels for more than a decade. Nonetheless, experienced dry bulk exec Herman Billung, who currently serves as CEO of carriers 2020 Bulkers and Himalaya Shipping, is absolutely calm.

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