Supply dynamics in the dry cargo market are set fair to support a recovery if demand holds together, CMB chief executive Alexander Saverys believes.

The shipowner says he and his peers have enjoyed December and want to enjoy the next couple of years as well, despite the inevitability of overbuilding in the future.

“There are certain things we know and there are certain things we don’t know,” Saverys told the Nordea Markets forum in London today.