Dry Bulk Ship Recycling Hits 16-Year Low
Dry bulk ship recycling has plummeted to its second-lowest level in 16 years, with only 45 ships recycled so far in 2024, according to BIMCO, the world’s
Dry bulk ship recycling has plummeted to its second-lowest level in 16 years, with only 45 ships recycled so far in 2024, according to BIMCO, the world’s
The dry bulk shipping sector is experiencing a resurgence, with the Baltic Dry Index (BDI) showing improvement and major financial institutions taking notice.
COSCO SHIPPING Development, a subsidiary of China state-owned COSCO Group, has announced a landmark agreement for the investment, construction, and leasing of
By Maximilian Heath BUENOS AIRES, Aug 12 (Reuters) – Grains shipments out of Argentine ports are normalizing after the government ordered
A new report from the International Association of Dry Cargo Shipowners (INTERCARGO) shows a decade-long trend of safety improvements in the dry bulk shipping
By Roberto Samora and Ana Mano SAO PAULO, May 7 (Reuters) – Heavy flooding in southern Brazil has hit food storage facilities in lower areas
The U.S. Energy Information Administration (EIA) has significantly lowered its forecast for U.S. coal exports due to the collapse of the Francis Scott Key
Star Bulk Carriers Corp. (Nasdaq: SBLK) announced the completion of its merger with Eagle Bulk Shipping Inc., creating the largest US-listed dry bulk shipping
Star Bulk Carriers Corp. (Nasdaq: SBLK) and Eagle Bulk Shipping Inc. (NYSE: EGLE) have announced their agreement to merge in an all-stock deal, creating the
Cargo liquefaction continues to be the number one cause of deadly accidents in the dry bulk shipping sector, according to industry association INTERCARGO.
Danaos Corporation (NYSE:DAC), one of the world’s largest independent owners of containerships and the largest shareholder of Eagle Bulk Shipping
by John Konrad (gCaptain) Hamish Norton, the President of Star Bulk Carriers, provided insightful comments on the current state and future trends in the marine
By Maximilian Heath BUENOS AIRES, April 17 (Reuters) – Argentina grains inspectors have launched a 24-hour strike that is halting shipments at
Capesize second-hand ship prices experienced a significant surge in March due to China’s economic recovery, according to a new report from the Baltic and
By Jonathan Saul LONDON, March 30 (Reuters) – Shipping group NORDEN has acquired larger capesize dry bulk ships, aiming to benefit from
Peter Twiss has stepped down from his role as President and CEO of German-based shipping company Oldendorff Carriers, effective immediately, after more than 20
U.S. construction materials company Vulcan Materials has alleged that Mexican security forces have illegally taken control of its port terminal in southern
By Archie Hunter (Bloomberg) — Higher interest rates are forcing commodity traders to rethink some deals and push up prices, in the latest example of
By Sophie Caronello Mar 19, 2023(Bloomberg) –Here are some notable charts to monitor in commodities markets over the coming days. Oil & Gas Oil
March 16 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its 19-session
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