dry bulk shipping

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

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

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

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

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

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

By Jonathan Saul LONDON, Dec 28 (Reuters) – Shipping companies that transport commodities such as coal, iron ore and grain face a painful year ahead,

LONDON, Dec 14 (Reuters) – Commodities trading firm Trafigura expects tougher conditions in tanker markets next year as weaker world economy prospects

By Manisha Jha (Bloomberg) — Investors betting that China’s near- insatiable appetite for industrial raw materials will drive global economic growth

Dec 7 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Monday on sliding

LONDON, Dec 4 (Reuters) – Brazil’s Vale SA said on Friday that it plans to sell its 11 remaining Valemax iron ore carriers and lease them back in

Dec 4 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell for the third

By Jasmine Ng (Bloomberg) — Most-active iron ore futures in Singapore sank below $40 a metric ton for the first time on concern that the economic

By Jonathan Saul LONDON, Nov 20 (Reuters) – A slump in dry bulk shipping is set to worsen as the meltdown in global commodities and too many ships free

By Manisha Jha and Naomi Christie (Bloomberg) — The cost of shipping commodities fell to a record, amid signs that Chinese demand growth for iron ore and

Tokyo-based international classification society ClassNK has granted Approval in Principle (AIP) to a 98,000 DWT bulk carrier fueled by LNG. The concept design

  By Keith Wallis SINGAPORE, Oct 29 (Reuters) – Freight rates for capesize bulk carriers could slip further next week as too many ships available

  By Keith Wallis SINGAPORE, Oct 15 (Reuters) – Freight rates for capesize bulk carriers could bottom next week as owners resist charterers’

Oct 13 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Tuesday,

  LONDON, Oct 7 (Reuters) – Dry bulk shipping faces more earnings pain as a slowdown in commodities demand and a glut of ships are expected to pile