China Demand Drop Pushes Iron Ore Shipping Rates to 5-Year Low
Iron ore and shipping costs plunged to the lowest in five years amid signs China’s slowing economic growth and a glut of the commodity are sapping seaborne
Iron ore and shipping costs plunged to the lowest in five years amid signs China’s slowing economic growth and a glut of the commodity are sapping seaborne
Scorpio Bulkers announced today that it has partially scrapped its Capesize newbuild plan and will instead be replacing six of their Capesize orders with an
Since establishing his company in September 2013 and subsequently listing on the Norwegian OTC in March, Pankaj Khanna has positioned his dry bulk shipping
The new ECO coal carrier MV Soma Maru has been named the "Bulk Ship of the Year" at the International Bulk Journal Awards 2014 held in Rotterdam last
Mexico’s state-controlled Exportadora de Sal SA (ESSA), one of the world’s largest salt exporters with a 10-million-ton annual production, has ordered
Iron ore traded below $70 for the first time in five years as rising low-cost supplies by the world’s top miners widen a global glut amid slowing demand from
Dry bulk shipping firm Golden Ocean reported third-quarter earnings below expectations on Friday and said charter rates remained too low to ensure
Iron ore fell for a fifth day, approaching $70 a dry ton in a retreat to the lowest level in more than five years as seaborne supplies
Tug boat engineers at Port Hedland, Australia's biggest iron ore port, plan to hold a four-hour work stoppage on Nov. 22, tug operator Teekay Shipping
Tugboat masters and deckhands at Australia’s Port Hedland, the world’s largest bulk export terminal, voted to accept a new labor agreement, said Teekay
Noble Group Ltd., Asia’s biggest commodity trader by revenue, said third-quarter profit jumped almost sevenfold as it shipped a third more
The Baltic Exchange's main sea freight index, which tracks freight rates for ships carrying dry bulk commodities, rose on Monday on firmer rates for bigger
40-year-0ld Jan Rindbo has resigned from his post today as Chief Operating Officer at Pacific Basin Shipping, one of the world’s largest dry cargo
Daily rates for Capesize vessels hauling about 160,000 metric tons of iron ore jumped 38 percent to $12,580 today, according to the Baltic Exchange in
Australian researchers have used some new sonar equipment to capture stunning imagery of the shipwreck of the MV Lake Illawarra bulk carrier, which tragically
Eagle Bulk Shipping Inc's shares shot up to as much as $15.46 from 68 cents as the company cut its borrowings by about 80 percent after converting debt into
Australian coal miners are shrugging off a global glut of the fuel, exporting a record 158.5 million tonnes in the January-September period from the key mining
A giant iron-ore freighter owned by Vale SA was allowed to dock at a Chinese port last week, Reuters data showed, the first since the Brazilian miner signed
Dry bulk shippers Golden Ocean Group Ltd (OSE: GOGL) and Knightsbridge Shipping Ltd (Nasdaq: VLCCF) have entered into an agreement today to merge resulting
Steel consumption will grow at a slower pace as the crisis in Ukraine and the cooling Chinese real estate market contribute to declining demand, the World
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