It is competition time for some of the oldest capesizes and newcastlemaxes, which will compete for dry-docking slots this year and in 2026.
Time in dry dock and possible waiting time for slots are expected to have a tightening effect on vessel supply to the bulker market over the next couple of years.
Just over 10% of the capesize and newcastlemax fleet will reach 15 years of age this year, which means it is time for their mandatory special survey.
