Capesize Rates More Than Double in Last Month to Hit 2015 High
By Manisha Jha and Bill Lehane (Bloomberg) — The cost of hiring a ship to haul iron ore more than doubled in the last month amid speculation that
gCaptain’s full news coverage of the Baltic Exchange Index, which tracks rates for dry bulk ships including capesize, panamax and supramax vessels.
By Manisha Jha and Bill Lehane (Bloomberg) — The cost of hiring a ship to haul iron ore more than doubled in the last month amid speculation that
By Naomi Christie (Bloomberg) — The bear market in iron ore is sending Chinese steel mills on a bargain hunt and giving shipping companies their best
By Keith Wallis SINGAPORE, July 23 (Reuters) – Freight rates for capesize bulk carriers are likely to hold steady next week although a rush of
By Bill Lehane (Bloomberg) — The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued to rise on Monday, supported by positive
Rates for capesize bulk carriers, which have been close to six-year lows for the last two months, show little sign of improvement as a tonnage glut and
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose Monday on higher demand for smaller
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the
The global slump in demand for dry freight commodities is adding more pain to Greece's already crisis-hit banks by heaping pressure on many of their shipowner
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit another record low on Wednesday as demand for
A measure of shipping costs for commodities collapsed to a record as China curbs coal buying at a time when a the largest-ever fleet is competing to haul
Privately-owned shipping company Copenship has filed for bankruptcy in Copenhagen after losses in the dry bulk market, its Chief Executive Michael Fenger told
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its slide on Monday, hitting a new
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, spiralled downwards to its lowest level in nearly
A deeper slump in earnings for ships that carry most of the world’s coal and ore cargoes would force owners to take vessels out of service, according to
Iron ore and shipping costs plunged to the lowest in five years amid signs China’s slowing economic growth and a glut of the commodity are sapping seaborne
Britain's Baltic Exchange faces competition from EEX, part of Deutsche Borse, as it tries to revive its loss-making Baltex dry bulk freight derivatives
The Baltic Exchange's main sea freight index, which tracks freight rates for ships carrying dry bulk commodities, rose on Monday on firmer rates for bigger
Freight rates for the biggest vessels to navigate the Panama canal are poised to slump to a record because of Indonesia’s ban on exports of nickel and
London's centuries-old Baltic Exchange and clearing house LCH.Clearnet are in talks about a tie-up over the Baltic's dry bulk freight derivatives platform, the
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up