Weak Capesize Demand Drags Down Baltic Dry Index
Sept 30 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry-bulk commodities, fell on
Sept 30 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry-bulk commodities, fell on
By Henning Gloystein and Denny Thomas SINGAPORE/HONG KONG, Sept 29 (Reuters) – A Japanese shipper filed for bankruptcy on Tuesday and global
(The following statement was released by the rating agency) LONDON, September 28 (Fitch) China’s slower growth and economic transition will pose
In a very interesting recent transaction in the dry bulk market, Sea Traders of Greece has acquired at auction in China eight modern dry bulk vessels,
By Ole Mikkelsen COPENHAGEN, Sept 23 (Reuters) – Danish shipping company Torm said on Wednesday it would withdraw from the lacklustre dry bulk
By Ole Mikkelsen COPENHAGEN, Sept 21 (Reuters) – Danish shipping company D/S Norden plans to cut the number of vessel types it operates to help it
By Tiffany Kary and Michael McDonald (Bloomberg) — A fund linked to Harvard University kept sinking money into a dry-bulk shipping business even while
By Keith Wallis SINGAPORE Sept 17 (Reuters) – Freight rates for capesize bulk carriers could continue to recover as ship owners scent the
Athens-based dry bulk shipping company DryShips, Inc. announced Monday agreements to sell 17 vessels and says its remaining fleet is now held for sale,
Sept 10 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on
By Keith Wallis SINGAPORE, Aug 20 (Reuters) – Freight rates for capesize bulk carriers are set to slide further next week, after falling to their
By Sinead Carew Aug 7 (Reuters) – Maritime stocks have broadly fallen this year as weak demand for some commodities and goods in Asia and
By Manisha Jha and Bill Lehane (Bloomberg) — The cost of hiring a ship to haul iron ore more than doubled in the last month amid speculation that
By Naomi Christie (Bloomberg) — The bear market in iron ore is sending Chinese steel mills on a bargain hunt and giving shipping companies their best
By Keith Wallis SINGAPORE, July 23 (Reuters) – Freight rates for capesize bulk carriers are likely to hold steady next week although a rush of
By Bill Lehane (Bloomberg) — The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according
BEIJING, June 8 (Reuters) – China’s coal imports slumped 41 percent in May from a year earlier to 14.25 million tonnes and were down sharply on
By Keith Wallis SINGAPORE, June 4 (Reuters) – Rates for capesize bulk carriers could diverge next week, holding steady in the Pacific on healthy
Dry bulk shipping firm Golden Ocean reported first-quarter earnings below forecasts on Thursday and said its market had gone from "bad to worse" with market
Brazilian miner Vale said on Tuesday it agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co (CMES), as it looks to raise cash in
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