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Shipping prices may be heading higher but are ‘not super yet,’ analysts say Shipping rates may be rising, but they are “not super yet,” according to one analyst. Dry bulk shipping rates surged this year as the global economy bounced back and commodity demand recovered, but some market watchers say the industry may not be headed for a sustained period of robust growth just yet. “Is it a supercycle? Well, I would say not yet, but it has the potential to become one,” said Mark Williams, managing director of Shipping Strategy, a maritime consultancy. A so-called supercycle refers to a sustained period of high and increasing prices, typically driven by strong demand and low supply.

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