Wednesday, July 7, 2021

Surging Shipping Rates Seen Tightening Sugar Market

By Fabiana Batista (Bloomberg) — Sugar refineries waiting for sky-high shipping rates to ease before locking in purchases may find that supplies tighten by year-end as mills in top producer Brazil...

July 7, 2021
Total Views: 948

Monday, June 28, 2021
bulk ship

Baltic Index Hits 11-Year High on Gains Across Segments

June 28 (Reuters) – Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak bolstered by firmer rates across...

June 28, 2021
Total Views: 939

Friday, June 11, 2021
general cargo ship

China’s Buying So Much Corn Its Ports Are Clogging

By Bloomberg News (Bloomberg) — China’s embarked on a record corn-buying spree this year and some vessels have been delayed for as long as a month outside southern ports because of...

June 11, 2021
Total Views: 8486

Wednesday, June 2, 2021
hastings bulk carrier coal ships shipping iron ore newcastle

CO2 Emissions from Coal Shipping Steady in 2020 as Green Pressures Grow

By Jonathan Saul LONDON, June 2 (Reuters) – Carbon emissions produced from seaborne coal exports stayed steady last year despite the impact of the coronavirus on consumption, a study showed...

June 2, 2021
Total Views: 748

Thursday, May 27, 2021
general cargo bulk ship

China’s Scrutiny of Corn Imports Spurs U.S. Cargo Cancellations

By Bloomberg News (Bloomberg) — China is clamping down on some corn imports amid concern that overseas purchases have spiraled out of control, prompting several feed mills to cancel their U.S....

May 27, 2021
Total Views: 19389

Tuesday, May 11, 2021

Global Commodities Scramble Sends Shipping Prices Soaring

By Thomas Biesheuvel, Prejula Prem and Annie Lee (Bloomberg) — The super-charged rally in commodity prices has made shipping more expensive than any time in the past decade, reviving the fortunes...

May 11, 2021
Total Views: 2185

Friday, May 7, 2021
Longshoremen discharging grain aboard Bulker

Dryness Poses Underestimated Problem For South America Bulk Exports

By Hugh Bronstein and Maximilian Heath (Reuters) – Argentine soy and corn harvesting is being driven by ideal weather conditions but the lack of rain that is helping farmers bring...

May 7, 2021
Total Views: 3002

Wednesday, May 5, 2021
bulk ship

Baltic Dry Index Rises to Highest Level Since June 2010

May 5 (Reuters) – The Baltic exchange’s main sea freight index rose on Wednesday, its highest since mid-2010, boosted by gains across vessel segments. * The Baltic dry index, which...

May 5, 2021
Total Views: 2235

Friday, April 30, 2021
bulk carrier ship

Fewer Orders of New Vessels Supports Dry Bulk Shipping, Cargill Says

By Jonathan Saul LONDON, April 30 (Reuters) – A lack of orders for new ships is providing further support to the dry bulk freight market as demand for commodities accelerates,...

April 30, 2021
Total Views: 3789

Thursday, April 29, 2021
Ships moored Parana River Port

Soy-Shipping Turmoil Deepens With Argentine Minister’s Death

By Jonathan Gilbert (Bloomberg) — Argentine farmers struggling to ship their crops through increasingly shallow rivers may soon face a new obstacle: One of the world’s key soy waterways needs to...

April 29, 2021
Total Views: 2518

Wednesday, April 28, 2021
bulk carrier

Higher Rates Lift Baltic Dry Index to Level Not Seen Since 2010

April 28 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Wednesday to its highest since September 2010, as...

April 28, 2021
Total Views: 2032

Tuesday, April 27, 2021

Waterways Are Drying Up Making Navigation Difficult In Key South American Crop-Shipping Ports

The South American drought that’s helping push Wheat, Corn, and Soybean prices to multiyear highs isn’t just threatening crops, but also the ability to haul them on waterways that are drying up....

April 27, 2021
Total Views: 4748

Wednesday, April 21, 2021
bulk ship

Baltic Dry Index Jumps to Over 10-Year Peak on Capesize Surge

April 21 (Reuters) – The Baltic Exchange’s main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger capesize vessel...

April 21, 2021
Total Views: 4249

Monday, April 19, 2021
bulk ship

Higher Vessel Rates Lift Baltic Dry Index to 1.5-Year Peak

April 19 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1-1/2-year peak on Monday as demand improved across...

April 19, 2021
Total Views: 1381

Tuesday, April 13, 2021
bulk carrier ballast water

Investors Dump Commodities as Supercycle Call Meets Skepticism

By Andres Guerra Luz and Isis Almeida (Bloomberg) — Net bullish wagers on rising commodity prices fell to the lowest since December last week, raising questions about the commodity supercycle. Money...

April 13, 2021
Total Views: 1654

Monday, April 12, 2021
dry bulk ship, bulker

Dry Bulk Shipping ETF is Stock Market’s Top Performer in First Quarter of 2021

A dry bulk shipping exchange traded fund (ETF) has emerged as the top performing ETF in the first three months of 2021, reflecting a strong turnaround for the dry bulk sector....

April 12, 2021
Total Views: 3772

Wednesday, April 7, 2021
bulk carrier underway

Dry Bulk Shipping Rates Are Surging and the Rally Isn’t Over

By Isis Almeida, Rachel Graham and Annie Lee (Bloomberg) — For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for...

April 7, 2021
Total Views: 4318

Monday, March 22, 2021
dry bulk vessel

Big Ships Snag Unusual Cargoes as Dry Bulk Market Tightens

By Krystal Chia and Ann Ko (Bloomberg) — Shipments of timber and grain are being loaded onto a class of ship normally reserved for other cargo as strong demand to move...

March 22, 2021
Total Views: 8407

dry bulk ship, bulker

Baltic Dry Index Rises to Over 1-Year High

March 22 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships ferrying dry bulk commodities scaled an over one-year peak on Monday, propelled by higher rates...

March 22, 2021
Total Views: 1805

Wednesday, March 17, 2021
baltic dry index

Baltic Dry Index Jumps as Panamax Rates Hit Over 10-Year High

March 17 (Reuters) – The Baltic Exchange’s main sea freight index on Wednesday climbed to a near 1-1/2-year high as panamax rates scaled a more than 10-year peak on China...

March 17, 2021
Total Views: 2170