• Handy Conversation With Cetus’ Lennox-King

  • Apr 30 2024
  • Length: 31 mins
  • Podcast
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Handy Conversation With Cetus’ Lennox-King

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  • Summary

  • New and pending shipping regulations are increasing the complexity and costs to operate in the dry-bulk market, resulting in higher barriers to entry. This could drive market consolidation as carriers look to build scale. In this Talking Transports podcast, Cetus Maritime Chief Operating Officer Olivia Lennox-King joins Lee Klaskow, Bloomberg Intelligence senior transportation and logistics analyst, to talk about the state of the dry-bulk and handysize markets. Increased ton-miles from market dislocation, like those in the Red Sea, coupled with a low order book, should bode well for Handy-size rates this year. Lennox-King also talks about how the sector will most likely look to meet global standards to reach net-zero greenhouse-gas emissions by 2050.

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