dry bulk shipping

By Keith Wallis SINGAPORE, Jan 19 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes could hold steady or slip slightly

Brazilian mining giant Vale has shipped the first cargo of iron ore from the company’s giant new mine in the Amazon known as S11D. The company said

By Jonathan Saul LONDON, Dec 7 (Reuters) – The worst is over for the dry bulk shipping sector, after years when too many ships chased too little cargo,

By Keith Wallis SINGAPORE, Nov 29 (Reuters) – Sales of second-hand ships used to haul commodities such as iron ore, coal, grain and fertiliser have hit a

(BIMCO) – Back in May, BIMCO disclosed a projected “road to recovery” for the dry bulk shipping industry. The main message back then on what the dry

By Keith Wallis SINGAPORE, Oct 20 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes will continue to fall next week as too

Bulk shipping companies Gearbulk and Grieg Star have announced their intensions to join forces in a joint venture that will operate a combined fleet of more

By Keith Wallis SINGAPORE, Sept 30 (Reuters) – Freight rates for large capesize dry cargo shippers on key Asian routes, which hit the highest in about a

(Reuters)Brazil does not appear to have over-shipped its soybeans to the extent that it did for corn this season, and there is evidence that the

PARIS, June 14 (Reuters) – The dry bulk shipping industry may not emerge from a protracted downturn for another two years and some smaller firms will be

June 6 (Reuters) – Dry bulk shipper DryShips Inc raised “substantial doubt” about its ability to stay in business after it defaulted on three

By Jonathan Saul LONDON, May 25 (Reuters) – Shipping companies transporting coal, and iron ore and other commodities are urgently seeking ways to

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-largest shipping company, plans to halve the fleet of its

DryShips, which owns dry bulk carriers and offshore support vessels, announced that it sold three of its vessels along with the associated bank debt to

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

By Keith Wallis SINGAPORE, March 31 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes are set to firm next week as owners

Shipping company Golden Ocean Group raised about U$7.8 million through a subsequent offering of 34.37 million new shares. The company was able to sell about

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for capesize bulk carriers on key Asian routes are likely to remain flat as the number of

By Alex Longley (Bloomberg) — For an industry that is losing money on almost every transaction, the world’s commodity shippers are remarkably busy

By Mikael Holter and Alex Longley (Bloomberg) — Shippers ferrying coal, iron ore and grains across the globe have never had it this bad and should expect