Bulk Carrier Newbuilding Orders Hit Five-Year Low
Between January and November 2025, newbuilding contracts for bulk carriers fell by 54%, totaling 25 million DWT—the lowest since 2020. The dry bulk orderbook shrank by 4%, now at 11% of the fleet. Filipe Gouveia of BIMCO cites an uncertain market, with contracted vessels down 61% year-on-year.








