Tuesday, March 7, 2017
Maritime News

Soaring Capesize Rates Push Baltic Index Past 1,000

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...

March 7, 2017
Total Views: 13

Friday, April 1, 2016
capesize bulk carrier
Maritime News

Baltic Dry Index Jumps 5% On Higher Rates for Bigger Vessels

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....

April 1, 2016
Total Views: 0

Thursday, March 31, 2016
dry bulk ship, bulker
News

Half of Capesize Bulk Carrier Deliveries Pushed Back, VesselsValue Says

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 31, 2016
Total Views: 34

Wednesday, March 2, 2016
capesize bulk carrier
Maritime News

Baltic Dry Index Continues Rise But Capesizes Hit New All-Time Low

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...

March 2, 2016
Total Views: 28

Thursday, October 29, 2015
Maritime News

Asia Capesize Rates Could Slide Further in Overtonnaged Market

  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...

October 29, 2015
Total Views: 1

Monday, September 21, 2015
Maritime News

Norden Trims Focus: Danish Owner Plans Exit from Capesize and Post-Panamax Vessel Segments

  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...

September 21, 2015
Total Views: 4

Thursday, July 23, 2015
capesize bulk carrier
Maritime News

Asia Capesize Rates to Hold Steady with All Eyes on Atlantic

  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...

July 23, 2015
Total Views: 0

Thursday, June 4, 2015
bulk carrier bow shipping maritime ship
Maritime News

Asia Dry Bulk: Pacific, Atlantic Capesize Rates Set to Diverge

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...

June 4, 2015
Total Views: 14

Sunday, March 22, 2015
capesize dry bulk iron ore
Maritime News

Short Thoughts on the Dry Bulk Market

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...

March 22, 2015
Total Views: 3

Thursday, March 12, 2015
Maritime News

Asia Dry Bulk | Capesize Rates Hold Down as Tonnage Glut Continues

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.

March 12, 2015
Total Views: 31

Friday, December 19, 2014
News

Capesize Vessels Seen Taken Out of Service Amid Deeper Earnings Slump

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.

December 19, 2014
Total Views: 0

Thursday, July 24, 2014
capesize bulk carrier terminal iron ore dry bulk
Maritime News

Capesize Market Seen Flat to Higher as Owners Resist Lower Rates

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.

July 24, 2014
Total Views: 2

Tuesday, May 20, 2014
iron ore terminal bulk carrier shipping ship
Maritime News

Miners Lock In Shipping Costs As Dry Bulk Market Recovers

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.

May 20, 2014
Total Views: 5

Thursday, April 24, 2014
Golden Zhejiang knightsbridge
Maritime News

Knightsbridge Chairman Predicts Capesize Sector Recovery

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...

April 24, 2014
Total Views: 1

Thursday, April 3, 2014
capesize bulk carrier dry bulk loading iron ore
Maritime News

Capesize Owners Face Uncertain Week On Major Trades

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...

April 3, 2014
Total Views: 9

Wednesday, January 22, 2014
News

Whistle-Blower Behind Coal Rally Heralds Colombian Shift

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.

January 22, 2014
Total Views: 3

Thursday, December 12, 2013
rio tinto capesize iron ore bulk carrier cape lambert
News

Bad Weather and Early Fixtures Buoy Capesize Rates

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.

December 12, 2013
Total Views: 73

Wednesday, November 27, 2013
STX Group
News

STX Pan Ocean Orders Capesize Bulkers

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,...

November 27, 2013
Total Views: 9

Wednesday, November 13, 2013
bhp billiton port hedland western australia bulk carrier
News

Asian Capesize Rates To Slide As Cargo Fixtures Dry Up

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...

November 13, 2013
Total Views: 0

Tuesday, October 8, 2013
diana shipping logo
News

Diana Shipping Signs $52 Million Capesize Deal

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...

October 8, 2013
Total Views: 3