BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking at the Dry Cargo Conference taking place on 1-2 June 2017 at the RAI Exhibition and Convention Centre in Amsterdam, The Netherlands. Discounts for BIMCO members available.
For BIMCO members there is a 10% discount. Just remember to use this link, when you make your reservation.
Peter Sand’s presentation is titled “Recovery of the struggling shipmarket - a zero supply side growth scenario” will give a detailed view into a new analysis model designed to highlight the actions needed for struggling shipping markets to recover. Latest tracking of progress will be presented at event in Amsterdam – alongside BIMCO latest views on the markets at hand.
The presentation scheduled for 9:00 on Thursday 1st June, is right after the welcome coffee. BIMCO’s contribution opens the session on ‘360° on dry bulk shipping market – Road to recovery’. Other speakers include Rahul Sharan, Lead Research Analyst at Drewry and Giselle Dazzi, Performance Improvement Specialist at Vale.
The main focus of the forum is on the latest issues in the dry bulk trade, shipping, logistics and ports & terminals developments.
Topics receiving a more detailed focus are:
- 360° on dry bulk shipping market – Road to recovery
- Influence in the dry bulk trade – The non-consensus view
- Keeping dry bulk terminal competitive – a multi-functional view
- Stay ahead on legal and liability issues
To register for the event, click here.
BIMCO’s Road to Recovery
The first piece of analysis on the “Road to Recovery” for the dry bulk sector prescribed a "zero supply side growth" scenario for the recovery of the dry bulk market. This requires shipowners to neutralise the delivery of new ships every year by scrapping an equal amount of capacity from the existing fleet. This analysis and the information on the recovery of the dry bulk market is available on BIMCO's website. We will continue to update this throughout 2017 and beyond.
In October 2016 BIMCO produced a follow-up report on the impact of the dry bulk market crisis - not only on shipowners but also the wider shipping industry, including brokers, bankers and shipyards. It concludes that major changes are on the horizon.
In 2017 we will extend this series on the "road to recovery" for shipping markets to look at the crude oil tanker sector and will keep you up to date with developments.
Remember, that you can always find the latest market analysis at www.bimco.org