South American Grain Continues to Support Panamax Rates, Capesize Ships Take Another Hit
By Shrutee Sarkar March 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, firmed
gCaptain’s full news coverage of the Baltic Exchange Index, which tracks rates for dry bulk ships including capesize, panamax and supramax vessels.
By Shrutee Sarkar March 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, firmed
By Rob Sheridan (Bloomberg) — Rates for Panamax ships climbed to the highest level in almost eight months on increased demand to move grains and
March 11 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose on Monday, primarily
(Bloomberg) — The Baltic Dry Index, a measure of commodity-shipping costs, rose to the highest level this year on demand to transport grain cargoes.
(Bloomberg) — A 39 percent jump in iron-ore cargoes over the next three years will fail to offset a surplus of the biggest ships hauling the steelmaking
By Michelle Wiese Bockmann (Bloomberg) — Earnings for ships that carry dry- bulk commodities are set to start recovering in 2014 as fleet growth slows to
By Michelle Wiese Bockmann (Bloomberg) — The Baltic Dry Index, a measure of costs to transport minerals and grains by sea, fell for a second session as
By Michelle Wiese Bockmann (Bloomberg) — Rates for ships carrying minerals and grains will climb almost threefold by 2015 as demand for the vessels
By Michelle Wiese Bockmann (Bloomberg) — The Baltic Dry Index, a measure of commodity freight costs, slumped for an eighth day as storms curbed charters
Jan. 21 (Bloomberg) — Demand to ship dry-bulk commodities will exceed fleet growth in the year’s second half as the freight market begins to
Jan 18 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose on Friday for a
Jan. 15 (Bloomberg) — Rates for Capesize ships carrying iron ore, which advanced for a third day, may curb gains as accelerating fleet growth this
The index climbed 1.1 percent to 751, according to the London-based Baltic Exchange, an assessor of freight costs. Average hire costs for Panamax ships, which
The Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought
The worst commodity shipping market in 26 years may persist next year as an oversupply of vessels continues to curb ship owners’ ability to boost charter
At a time when equity analysts are predicting the biggest rebound in earnings for Capesize iron-ore carriers in six years, swaps traders are betting that rates
(Bloomberg) — Nippon Yusen K.K., Japan’s biggest shipping line, lowered its annual profit forecast and Mitsui O.S.K. Lines Ltd. predicted a loss as
(Bloomberg) — China Shipping Development Co. and China Cosco Holdings Co., the nation’s biggest operators of dry- bulk ships, both rose the most
The dry-bulk shipping market has been in the doldrums again of late (the Baltic Dry Index is again near record lows and recently had a 31-session streak of
(Bloomberg) — Daily rates for Panamax vessels, that typically haul coal and grains, plunged to the lowest in more than eight weeks as a glut of ships
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