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Bill of Lading Connaissement Canusa Logistics  Form

Bill of Lading Connaissement Canusa Logistics Form

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due to the attacks on ships bulkers are increasingly avoiding the Red Sea at the same time transits of the Panama Canal remain low as a result average sailing distances have increased and helped strengthen the market we expected to impact the first half of 2024 but as also assume that ship routings can return to normal in the second half of the Year therefore we expect that the supply demands balance will be stronger in the first half of 2024 but weaken from then on and through 2025 supplies forecaster grow 2 to 3% in 2024 whereas demand growth is estimated at between 2 and 1/2 and 3 and 1/2% in 2025 demand growth is expected to be between minus 0.5 and 0.5% while Supply will grow between 1 and A2 and 2 and 1/2% head over to bimco toor analysis to read or download the full report [Music]

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