March 7 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at a 12-week high on Tuesday on stronger rates across all...

April 1 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Friday, helped by higher rates for bigger vessels....

Exactly half of the newbuild capesize bulkers due for delivery in the first quarter of 2016 have been pushed back as owners react to the poor state of the global...

March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on Wednesday, on improved rates for panamaxes and smaller...

  By Keith Wallis SINGAPORE, Oct 29 (Reuters) – Freight rates for capesize bulk carriers could slip further next week as too many ships available for hire weigh on the...

  By Ole Mikkelsen COPENHAGEN, Sept 21 (Reuters) – Danish shipping company D/S Norden plans to cut the number of vessel types it operates to help it through a long-depressed...

  By Keith Wallis SINGAPORE, July 23 (Reuters) – Freight rates for capesize bulk carriers are likely to hold steady next week although a rush of cargo in the Atlantic...

By Keith Wallis   SINGAPORE, June 4 (Reuters) – Rates for capesize bulk carriers could diverge next week, holding steady in the Pacific on healthy cargo volumes but easing in...

The last couple of weeks have brought the slimmest hope that springtime may be forthcoming for the much beleaguered dry bulk market; we are not talking about signs of an...

Rates for capesize bulk carriers, which have been close to six-year lows for the last two months, will remain under pressure as a tonnage glut continues to weigh on the market, brokers said.

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 shipbroker RS Platou Markets AS.

Rates for capesize bulk carriers on key Asian routes could remain flat or show marginal improvement next week as ship owners resist attempts by cargo owners to depress freight prices, ship brokers said.

Global miners and commodity traders are using multiple strategies to lock in favourable rates for shipping costs, anticipating a freight market recovery after years of turmoil.

Knightsbridge Tankers and Frontline 2012 announced today the two companies had reached an agreement to combine Frontline 2012’s remaining fleet 25 capesize bulk carriers with Knightsbridge.  This deal will result...

By Keith Wallis SINGAPORE April 3 (Reuters) – Rates for capesize bulk carriers on key Asian routes are facing mixed fortunes with a two-tier market opening up on Australia and...

European utilities paying more to burn coal this winter is a sign of progress in Colombia, according to Alejandro Arias, whose environmental activism is helping provoke stricter pollution controls on miners.

Rates for capesize bulk carriers on key Asian routes are set to remain firm going into next week due to bad weather in Australia and buoyant fixture activity by major iron ore miners, ship brokers said on Thursday.

Dry bulk shipper STX Pan Ocean has placed an order today for two Capesize bulk carriers from Hanjin Heavy Industries. The vessels, due for delivery by the end of 2016,...

By Keith Wallis SINGAPORE Nov 14 (Reuters) – Rates for capesize bulk carriers on key Asian routes are expected to fall going into next week in the absense of significant...

Diana Shipping (NYSE: DSX) signed a Memorandum of Agreement with Pioneer Shipping yesterday to purchase the 179,134 dwt M/V JK Pioneer for a total consideration of USD $52 million.   The 2013-built...