Bulk Logistics & Technology will enhance your knowledge and understanding of the business challenges facing ports, shipping & logistics companies operating in vital dry bulk freight industry.
Co-located with TOC Europe, the world’s leading container port equipment and technology show, this 2-day seminar programme is free-to-attend for all visitors – providing you with the perfect opportunity to keep up to date with the latest innovations in dry bulk materials handling, shipping, port operations and logistics.
The continuing issue of overcapacity will loiter over the Bulk market in 2018 despite enjoying improved rates, falling demolition levels and with longer trades also kicking into a higher level of demand in 2017.
Q4 is always the strongest season for the Bulk market and 2017, the bulk market was able to enjoy the benefits of this last year but as Peter Sand from BIMCO has asserted, “we have to remain cautious” and the Bulk market should not expect these volumes to continue in 2018 until Q3 – this represents a tricky situation for operators whom will have to consider the possible slowdown of service speed to combat the lowering level of supplies.
With lower levels of scrapping being undertaken in the wake of rates surging, the industry needs to be disciplined because 2018 could be the year where the fundamentals of the market will improve. So much so that many consider 2019 becoming a year where finally supply growth and demand growth match each other.