It’s not just container shipping that’s feeling the tariffs pain. BIMCO has released its April 2025 Dry Bulk Shipping Market Overview & Outlook — and the outlook part is not rosy. Tariff increases by the U.S. and China, in effect as of April 25, are estimated to directly affect 4% of dry bulk tonne mile demand. They are expected to impact the growth of minor bulk cargo volumes, as shipments to the U.S. may stagnate or decrease. On the other hand, China is expected to increase purchases of dry...
https://www.marinelog.com/legal/shipping/markets/bimco-dry-bulk-supply-demand-balance-set-to-weaken/