Prolonged crisis to alter dry bulk: : Bimco

• Autores: Wayne Yamada
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 588, 2016 (Ejemplar dedicado a: Noviembre)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Traducir [no disponible para este documento] "Less well capitalised owners will be forced to sell their ships, and some owners will wish to withdraw their capital from the dry bulk sector. Their ships will be bought at bargain prices by better capitalised competitors and new entrants to the market," BIMCO said.

    "Owners of big dry bulk fleets will want to deal directly with larger customers for major commodities on the major trade routes. They will want to own the customer relationship and reduce the cost of doing business by eliminating broking commissions," BIMCO said.

    The number of ship owners entering the dry bulk market to maximise asset value will also decrease, leaving firms which are focused on providing a logistics service. This will likely stem the oversupply in dry bulk vessels as the industry becomes more reactive to the fundamental supply and demand of bulk minerals. This should smooth the BDI and reduce the extreme fluctuation seen in the late 2000s and the subsequent prolonged downturn in the market.