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Expert Analyses of the following article:

Dry bulk faces fleet 'age crisis'

Source: www.tradewinds.no
Craig MarstonJune 11, 2008
Older Bulk Carriers Will Exit The Market In 2010
Author: Craig Marston, Managing Director, CEM Marine
A significant percentage of the dry bulk fleet continues to trade past the normal retirement age of 25 years due to robust rates.  This will be corrected in 2010, when new vessels will push down rates and push out vintage tonnage.
June 11, 2008
The Supply Profile
Author: GLG Expert Contributor
Dry Bulk fleet : larger ships (economies of scale) versus small vessles. Small vessels getting old , but not replaced

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