The Signal Group offers an exhaustive overview of the trends in the dry bulk and tanker markets that both defined 2021, and offer a glimpse as to what might be in store for 2022 and beyond, reports MarineLink.
Dry and tanker freight for 2021
Using Signal Ocean data, give the insight to analyze the trends and changes across the major vessel sizes in the dry and tanker freight market for 2021.
This time last year, Signal Group analyzed the effects of the coronavirus pandemic on commercial shipping with a focus on dirty tankers – VLCC, clean tankers – LR2 and dry – Capesizes.
With the end of 2021, global eyes are on Omicron and whether or not it will significantly reduce economic growth. The world economy is said to be experiencing just 0.7% growth, in the final three months of the year, according to Bloomberg estimates, which is half the growth of the previous quarter and below the pre-crisis rate of around 1%.
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Source: MarineLink