dry bulk shipping


Thursday, March 31, 2016
bow of a dry bulk carrier at anchor
News

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

March 31, 2016
Total Views: 29

Thursday, March 17, 2016
golden ocean ship
Shipping News

Golden Ocean Group Sells Less Than 50% Shares in Subsequent Offering

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

March 17, 2016
Total Views: 103

Thursday, March 3, 2016
dry bulk ship, bulker
News

Asia Capesize Rates to Stay Flat Despite Increase in Idle, Scrapped Chips

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

March 3, 2016
Total Views: 41

The Shipping Industry Isn’t Doing as Well as It Looks From Space
News

The Shipping Industry Isn’t Doing as Well as It Looks From Space

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

March 3, 2016
Total Views: 68

golden ocean ship
News

Golden Ocean CEO Says Shipping Market Is Worst in Modern History

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 3, 2016
Total Views: 94

Wednesday, March 2, 2016
capesize bulk carrier
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

March 2, 2016
Total Views: 125

News

Norden Says More Scrapping Needed to Restore Balance

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

March 2, 2016
Total Views: 40

Monday, February 22, 2016
dry bulk ship, bulker
News

Shipping and Steel are in a Dangerous Deflationary Dance -View

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

February 22, 2016
Total Views: 123

Sunday, February 21, 2016
Bulk Shipping Hit By Perfect Storm as Global Economic Doldrums Take Toll
News

Bulk Shipping Hit By Perfect Storm as Global Economic Doldrums Take Toll

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

February 21, 2016
Total Views: 44

Thursday, February 18, 2016
Golden Ocean CEO On Weak Market: “We are in a very serious situation”
News

Golden Ocean CEO On Weak Market: “We are in a very serious situation”

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

February 18, 2016
Total Views: 103

golden ocean ship
News

Dry Bulk Shipping Company Golden Ocean Eyeing $200 Million in Restructuring

OSLO, Feb 18 (Reuters) – Billionaire investor John Fredriksen’s dry bulk shipping firm Golden Ocean plans to raise $200 million in fresh equity as

February 18, 2016
Total Views: 125

Thursday, February 4, 2016
Baltic Index Enters New Record Territory: 298 Points
News

Baltic Index Enters New Record Territory: 298 Points

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

February 4, 2016
Total Views: 85

Tuesday, February 2, 2016
Another Aussie Crew Sacked
Shipping News

Another Aussie Crew Sacked

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

February 2, 2016
Total Views: 174

EEX Exchange Looks Beyond Freight to Steer Through Dry Shipping Storm
News

EEX Exchange Looks Beyond Freight to Steer Through Dry Shipping Storm

By Jonathan Saul LONDON, Feb 2 (Reuters) – Cleartrade Exchange is expanding its commodities business, aiming to boost fertiliser and bunker fuel

February 2, 2016
Total Views: 49

Thursday, January 28, 2016
Asia Capesize Rates to Stay Flat in ‘Rock Bottom Market’
Shipping News

Asia Capesize Rates to Stay Flat in ‘Rock Bottom Market’

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

January 28, 2016
Total Views: 56

Tuesday, January 26, 2016
Port of Savannah
Shipping News

Georgia Ports Authority Reports 11.7% Growth in 2015

The Georgia Ports Authority (GPA) saw a significant growth in container volumes last year. On Monday, the authority reported that it achieved record container

January 26, 2016
Total Views: 46

Monday, January 25, 2016
Baltic Dry Index Ends Losing Streak
News

Baltic Dry Index Ends Losing Streak

Jan 25 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, ended flat on

January 25, 2016
Total Views: 32

Great Lakes Shipping: Second Poe-Sized Lock Construction Is Critical, Michigan Governor Says
Shipping News

Great Lakes Shipping: Second Poe-Sized Lock Construction Is Critical, Michigan Governor Says

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

January 25, 2016
Total Views: 47

Friday, January 22, 2016
BIMCO: A Miserable Start to a New Year
News

BIMCO: A Miserable Start to a New Year

(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

January 22, 2016
Total Views: 41

Overcapacity Concerns Continue to Push Baltic Index Into Uncharted Waters
News

Overcapacity Concerns Continue to Push Baltic Index Into Uncharted Waters

Jan 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, extended its record

January 22, 2016
Total Views: 28