Why the 2025 dry bulk market looks like uncharted waters.
A combination of geopolitical risk and the continuing threat of violence could have direct impacts on the dry bulk market.
The Gulf of Aden and the Red Sea remain critical arteries for global dry bulk shipping. The impact of the continuing attacks on shipping making the transit are testament to the resilience of the industry and its ability to absorb shocks.
The seafarers onboard the ships at risk from Houthi missiles can hardly be expected to share such a positive take on events, of course. Hopes are once again high that some form of ceasefire can be brokered between Israel and Lebanon, potentially enabling one front of the devastating conflict to wind down.