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Regulation dictating rebalancing in dry bulk market

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Watch: Regulation dictating rebalancing in dry bulk market

Healthy demand has been giving the dry bulk sector a boost, but stringent regulations are the ones supporting market sentiment. One such regulation is the Ballast Water Management convention, which takes effect from September 8, 2017.

In this video, senior managing editor Pradeep Rajan and associate editor Shriram Sivaramakrishnan examine how BWM is affecting the dry bulk market, and give an update on demolition levels as well as secondhand transactions that are also contributing to the market's rebalancing.