Not Even Blowtorches Can Ignite the Worst-Ever Dry Bulk Shipping Market
How bad is the market for shipping commodities across the world’s oceans? Consider that more than 100 vessels will probably be scrapped this year -- a record
How bad is the market for shipping commodities across the world’s oceans? Consider that more than 100 vessels will probably be scrapped this year -- a record
Danish shipping company D/S Norden beat first-quarter operating profit forecasts on Tuesday, boosting its shares by as much as 9
At a recent shipping conference, we were asked to present on the topic of smart investments in shipping given the present phase of the business cycle. The
[contextly_sidebar id=”blTEeOrrbM06h22rx3534xyHBlK76W9e”]The Capesize dry bulk demolition market is off to its busiest start ever in 2015 amid some
The Capesize demolition market is off to its busiest start ever in 2015 amid some of the lowest dry bulk freight rates in the last three decades. According to
Shipping freight rates, which have hit record lows this year, are set to remain weak for the rest of the decade or longer as there are too many ships and
The Coral Chief is the lead ship of four that was ordered by China Navigation Company’s (CNCo) from Zheijiang Ouhua Shipyard in Chin. She and her
Iron ore shipments from Australia are set to pick up in the second half on mine expansions from the largest suppliers, according to UBS Group
The global iron ore market will be looking for an update from Rio Tinto Group on its expansion strategy after Vale SA signaled that it may be willing to
The worst start to a year for ships hauling iron ore since at least 2000 has gotten so bad that rates no longer cover crew costs. Now for the bad
Oversupply of iron ore, weakening Chinese demand and a falling Brazilian real has led to a challenging situation at Vale
One person has died and three others are being treated after losing consciousness aboard a cargo ship that had just docked at Denmark’s port of
New York-list Scorpio Bulkers has continued its sell-off of newbuild bulk carriers amid the worst dry bulk shipping market in decades. Scorpio Bulkers Inc.
Recently merged Golden Ocean Group Limited has announced several changes concerning its leading fleet of dry bulk vessels. First, Golden Ocean has agreed with
Scorpio Bulkers Inc. (NYSE: SALT) has confirmed that it has entered into agreements to sell a total of seven newbuildings as the severely deteriorated dry bulk
Australia's Newcastle port, the world's biggest coal export port, has stopped all ship movements due to a cyclonic storm lashing the country's east coast, a
Update (April 22): Polsteam Bulk Carrier Refloated in St. Lawrence River A 621-foot bulk carrier remains hard aground in the St. Lawrence River Tuesday with
Visiting with clients in shipping during recent trips to Europe, one can positively see the angst and anguish emanating from the state of the dry bulk market.
Imports in March were estimated to have risen 80 percent to 24.73 million tonnes, according to mjunction data based on information from shipping companies,
The biggest iron ore producers including BHP Billiton Ltd. and Rio Tinto Group are pursuing a flawed strategy by flooding an oversupplied market and they
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