Bulk carriers have slowed both their ballast and laden sailing speeds since 2015, showing the sector is still plagued by overcapacity despite low fleet growth, says Alphabulk.
Its researchers agency used AIS data from AXS Marine to look at trends for bulk carriers of over 15,000 dwt and the commodities carried.
“The bulk shipping market will not switch from famine to feast until the capacity hidden through slow speeding is released back into the market, i.e.
