Asia Capesize Rates to Firm as Owners Resist Downward Pressure
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
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
March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on
COPENHAGEN, March 2 (Reuters) – Danish shipping company D/S Norden said the dry cargo market reached its lowest point last year and will not recover this
By Chris Bryant (Bloomberg) — The global steel and shipping industries have for years been locked in a tight embrace. Iron ore and coal, key raw
By Saikat Chatterjee and Tara Joseph HONG KONG, Feb 19 (Reuters) – Off the coast of a nearly deserted island below the southern tip of Hong Kong, at
OSLO, Feb 18 (Reuters) – Dry bulk shipping firm Golden Ocean plans to raise $200 million in fresh equity, backed by its main owner billionaire John
OSLO, Feb 18 (Reuters) – Billionaire investor John Fredriksen’s dry bulk shipping firm Golden Ocean plans to raise $200 million in fresh equity as
Update (Feb 5): The Baltic Dry Index dropped one point to 297 points on Friday, making for nine straight sessions of losses. The capesize index
The Maritime Union of Australia (MUA) is protesting over the federal government’s award of a special license to Pacific Aluminium allowing the company to
By Jonathan Saul LONDON, Feb 2 (Reuters) – Cleartrade Exchange is expanding its commodities business, aiming to boost fertiliser and bunker fuel
By Keith Wallis SINGAPORE, Jan 28 (Reuters) – Freight rates for capesize bulk carriers on key Asian routes are likely to stay flat as vessel volumes
The Georgia Ports Authority (GPA) saw a significant growth in container volumes last year. On Monday, the authority reported that it achieved record container
Jan 25 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, ended flat on
Construction of a second Poe-sized Lock is critical to Michigan and the United States, Michigan Governor Rick Snyder said in his State of the State address
(BIMCO) – Dry Bulk Shipping: A Miserable Start to a New Year, Where the Market Struggles to Grow at All Demand The global production of steel
Jan 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, extended its record
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