dry bulk shipping


Wednesday, March 2, 2016
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: 31

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: 101

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: 32

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: 88

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: 119

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: 80

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: 150

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: 33

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: 49

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: 36

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: 21

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: 36

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: 27

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: 13

Thursday, January 21, 2016
Cargill to Shut London Shipping Office Amid Market Crisis
News

Cargill to Shut London Shipping Office Amid Market Crisis

By Shruti Date Singh Bloomberg) — Cargill Inc. plans to close its London shipping office and consolidate some of its operations in Geneva as the freight

January 21, 2016
Total Views: 38

Wednesday, January 13, 2016
Hope Fades for Dry Bulk Recovery as Baltic Index Crashes Below 400 Points
Interesting

Hope Fades for Dry Bulk Recovery as Baltic Index Crashes Below 400 Points

Update (Jan 14) – The Baltic Dry Index fell for a seventh straight day Thursday, down 11 points, or 2.79 percent, at 383 points. The capesize, panamax

January 13, 2016
Total Views: 40

Friday, January 8, 2016
bow of a dry bulk carrier at anchor
News

China Concerns Drive Baltic Index to Another Record Low

Jan 8 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, continued its run of

January 8, 2016
Total Views: 38

Wednesday, January 6, 2016
China’s Shipping-Related Bankruptcies Likely to Surge in 2016
News

China’s Shipping-Related Bankruptcies Likely to Surge in 2016

By Brenda Goh SHANGHAI, Jan 6 (Reuters) – China’s dry-bulk shipping industry will likely see a surge in bankruptcies this year as freight rates hit

January 6, 2016
Total Views: 29

Monday, January 4, 2016
Baltic Dry Index Kicks Off 2016 Falling to Near All-Time Low
News

Baltic Dry Index Kicks Off 2016 Falling to Near All-Time Low

Jan 4 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Monday inching

January 4, 2016
Total Views: 43

Monday, December 28, 2015
Norden Sells Capesize Bulker at $12 Million Loss
Shipping News

Norden Sells Capesize Bulker at $12 Million Loss

Danish shipping company Norden says it has sold a 10 year old capesize bulk carrier for a loss, allowing the company to focus more on smaller vessel types that

December 28, 2015
Total Views: 143