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Global Dry Bulk Shipping Industry Benefits from Expanding Steel Production in Emerging Economies: 2016 Edition

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Published on : Mar 21, 2016

ALBANY, New York, March 21, 2016 - ResearchMoz.us has added a new report, titled “Global Dry Bulk Shipping Market Report: 2016 Edition,” to its expanding repository of research reports. The research report on the global dry bulk shipping industry evaluates the progression of this industry based on historical and current data analytics. For the research part, analysts have reached out to global marine cargo agencies for gathering data pertaining to the transport of dry bulk cargo. The research part also included carrying out interviews with industry experts and opinion leaders to understand the reasons responsible for dry bulk shipping to become an integral part of marine cargo activities globally. Using validated analytical tools, the collected data was scrutinized to arrive at a precise conclusion.

Dry bulk shipping involves marine transport of commodities such as iron ore, grain, phosphate, coal (thermal and coking), bauxite and phosphate, and other metals, minerals, and agribulks (fertilizers etc.). In dry bulk shipping operations, homogenous commodities are transported using bulk vessels at irregular schedules. 

The report on the global dry bulk shipping industry is an important tool for market participants. In this report, 2016 sales and revenue, handling capacity, cost structure, and price structure are the parameters that are delved into at length. The operational pattern of this industry is cyclical, thus, it is characterized by extreme volatility and periods of booms and busts. Due to these reasons, the competition in this industry is highly fragmented and capital-intensive.

The report presents a systematic compilation of vital market indicators divided into chapters and sub-sections. The entire report consists of an array of infographics that depict consumption trends in the dry bulk shipping industry in the past. Observations in the past are used to analyze how the industry will shape up in 2016.

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In this report, the future outlook of the dry bulk shipping industry is examined for the China, Japan, India, the EU, Brazil, Australia, South Korea, Indonesia, South Africa, and Colombia markets. For each of these markets, cargo volumes of various dry bulk commodities are evaluated for 2016 and are presented herein.

The market overview section of the report is an amalgamation of social, economic, political, and geographical factors that have sizeable importance in the proceedings of this industry. Economic trends pertaining to urbanization, increasing steel production, expansion of the iron industry, and increasing export of iron ore from Australia and Brazil are favoring the dry bulk shipping industry.

In present times, the developmental trends in the industry are influenced by the slump in the dry bulk charter industry and containerization of dry bulk. These trends will have an impact on the industry’s progression in 2016 as well, says the report. On the contrary, the unstable economic conditions in China, acts of piracy, risk of oversupply, and seasonal operational trends are slowing this market. 
In terms of the competitive landscape, profiles of the top companies in the global dry bulk industry are presented herein, namely Diana Shipping Inc., Genco Shipping & Trading Ltd., and Dry Ships Inc. These companies are profiled for their attributes of business overview, business strategies, and financial overview.

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