dry bulk shipping


Thursday, May 14, 2015
Not Even Blowtorches Can Ignite the Worst-Ever Dry Bulk Shipping Market
News

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

May 14, 2015
Total Views: 44

Tuesday, May 12, 2015
norden
News

D/S Norden’s Shares Jump 9 Percent as Profits Top Forecasts

Danish shipping company D/S Norden beat first-quarter operating profit forecasts on Tuesday, boosting its shares by as much as 9

May 12, 2015
Total Views: 35

Sunday, May 10, 2015
News

Smart Investments in Shipping

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

May 10, 2015
Total Views: 93

Saturday, May 9, 2015
Capesize Demolitions at Record Pace in 2015
News

Capesize Demolitions at Record Pace in 2015

[contextly_sidebar id=”blTEeOrrbM06h22rx3534xyHBlK76W9e”]The Capesize dry bulk demolition market is off to its busiest start ever in 2015 amid some

May 9, 2015
Total Views: 61

Friday, May 8, 2015
Capesize Demolitions at Record Pace in 2015
News

Capesize Demolitions at Record Pace in 2015

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

May 8, 2015
Total Views: 71

Thursday, May 7, 2015
bulk carrier ornak aground
News

Shipping Freight Rates to Stay Low Until at Least 2020 Says Goldman Sachs

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

May 7, 2015
Total Views: 38

Wednesday, May 6, 2015
coral chief bulk carrier
News

Ship Photo – China Navigation’s “Coral Chief”

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

May 6, 2015
Total Views: 200

Tuesday, May 5, 2015
iron ore loading
News

Iron Ore Seen at $45 by UBS as Exports Expand, Costs Tumble

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

May 5, 2015
Total Views: 45

Monday, May 4, 2015
iron ore china dry bulk
News

Vale ‘s Iron Ore Shifts Focus to Rio Tinto

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

May 4, 2015
Total Views: 35

Friday, May 1, 2015
cape excelsior bulk carrier
Shipping News

Iron Ore Freight Doesn’t Cover Crew Costs: Now for the Bad News

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

May 1, 2015
Total Views: 102

Thursday, April 30, 2015
Vale Sails into Perfect Storm, Left With $3.1 Billion Quarterly Loss
News

Vale Sails into Perfect Storm, Left With $3.1 Billion Quarterly Loss

Oversupply of iron ore, weakening Chinese demand and a falling Brazilian real has led to a challenging situation at Vale

April 30, 2015
Total Views: 25

Wednesday, April 29, 2015
One Dead, Three Others Injured in Confined Space Accident Aboard Cargo Ship
Interesting

One Dead, Three Others Injured in Confined Space Accident Aboard Cargo Ship

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

April 29, 2015
Total Views: 286

Monday, April 27, 2015
Scorpio bulkers
Shipping News

Scorpio Bulkers Continues Newbuild Sell-off

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.

April 27, 2015
Total Views: 26

golden ocean ship
News

Dry Bulk Shipper Golden Ocean Sells Vessels, Delays Newbuilds

Recently merged Golden Ocean Group Limited has announced several changes concerning its leading fleet of dry bulk vessels. First, Golden Ocean has agreed with

April 27, 2015
Total Views: 130

Wednesday, April 22, 2015
Scorpio bulkers
News

Scorpio Bulkers to Sell Seven Newbuildings

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

April 22, 2015
Total Views: 33

newcastle coal group
News

Storm Shuts Down World’s Biggest Coal Port

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

April 22, 2015
Total Views: 172

Tuesday, April 21, 2015
Grounded Bulk Carrier Stopping Traffic on St. Lawrence River
Accidents

Grounded Bulk Carrier Stopping Traffic on St. Lawrence River

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

April 21, 2015
Total Views: 245

Friday, April 17, 2015
dry bulk carrier ship shipping
News

Baltic Dry Index has been flirting with all time lows – Isn’t that good news?

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.

April 17, 2015
Total Views: 115

Tuesday, April 14, 2015
bulk carrier unloading coal dhamra port
News

India’s Coal Imports on the Rise as Prices Fall

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,

April 14, 2015
Total Views: 33

Sunday, April 12, 2015
BHP Billiton and Rio Tinto Seen Pursuing Faulted Strategy
News

BHP Billiton and Rio Tinto Seen Pursuing Faulted Strategy

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

April 12, 2015
Total Views: 86