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Benzinga
Benzinga
Business
Capital Link

Is The Global Fleet Ready For The Upcoming Environmental Regulations? Fleet Renewal Strategy For Long Term Competitiveness

Summary

  • Fundamentals in the dry bulk sector driven by the historically low orderbook creating tight supply and demand balance. Shipyard capacity currently booked with other vessel types – any dry bulk vessels ordered today will be delivered in 2025 and beyond.

  • 75-80% of the current global fleet not compliant with upcoming environmental regulations.

  • SB is pursuing an aggressive new building strategy to be executed by 2025.

  • Scrubber investments further add to profitability.  

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