It will not be an easy ride in dry cargo in 2023 but things could improve as the year goes on, if economic challenges stabilise, according to Simpson Spence Young (SSY).
The international shipbroking group painted a mixed outlook for bulk carriers in its annual 2023 Outlook report, which was published on Tuesday.
“With so many macro-economic, geopolitical, fleet efficiency, and regulatory risks overshadowing this outlook, 2023 is set to be another volatile year,” Alastair Stevenson, head of SSY Digital Analytics, wrote of the dry bulk sector.
