Dry bulk shipping overall enjoyed a better year than expected in 2024, however Q4 saw a sharp dip in market fortunes, so where are we headed in 2025?

In the third part of our shipping market outlook series, we are focusing on the dry bulk sector with Will Fray, a Director of Maritime Strategies International (MSI).  

Speaking to the Seatrade Maritime Podcast Fray said 2024 was actually a very positive year for dry bulk shipping despite the dip in fortunes in the final months with two factors driving the market.

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