Study On Capesize Carrier And Market

Since October 2003, the performance of International Dry Bulk market has been becoming strong. The demand of China' s iron ore and Japan' s coal keeps high increase speed constantly, the trade of corn and minor bulk is very active currently. Beyond these, the unusual port congestion and shortage of new ship delivery make the supply fall behind demand. On January 1st, 2004, the international dry bulk market had another soar; BDI increased 584 point in one week by 11.92 percent, climbed to the highest 5485 point. As the main force of the International Dry Bulk fleet, capsize carrier supply falls even far behind of demand, the hire of this type ships increases unceasingly. There is a controversy whether capsize carrier market would remain the present situation in the near future. Therefore, based on the main technical character, this paper dwells on the capsize carrier' smain cargo, iron ore and coal' s main exportation and importation area. Based on the historical number, this paper forecasts the world dry and bulk cargo' s transportation quantity. Then this paper dwells on the structure of capsize fleet and the economy of different kind of capeseze carrier, at last analyzes the developing trend of the capsize carriers in the coming several years.