dry bulk shipping

By James Regan SYDNEY, May 21 (Reuters) – BHP Billiton said on Wednesday it may seek government intervention to avert industrial action by tugboat

Global miners and commodity traders are using multiple strategies to lock in favourable rates for shipping costs, anticipating a freight market recovery after

MELBOURNE, May 20 (Reuters) – Two of the world’s biggest iron ore miners BHP Billiton and Fortescue Metals Group held-government sponsored

By Jasmine Ng May 19 (Bloomberg) — Iron ore futures in Singapore traded below $100 a metric ton for the first time since the contract started last year

SANTIAGO, May 16 (Reuters) – Chile president Michelle Bachelet said on Friday her center-left government was planning the development of a “big

Financially distressed dry bulk shipper Eagle Bulk has gained another two weeks to come to an agreement with their lenders to agree on a restructuring

By Phoebe Sedgman and Jasmine Ng May 12 (Bloomberg) — Tugboat workers at Australia’s Port Hedland approved work stoppages amid a dispute over wages and

May 8 (Bloomberg) — There’s so much cheap iron ore flooding into China that rates for the ships that carry it are forecast to jump almost 70 percent by

PRESS RELEASE – Seagull has released the Bulker Industry Training Standard (BITS), a predefined competence management system for the dry bulk industry.

By Juan Pablo Spinetto April 30 (Bloomberg) — Vale SA, the largest iron-ore producer, posted a steeper decline in first-quarter profit than analysts

April 28 (Bloomberg) — Iron ore futures in China, the biggest buyer of the steel-making commodity, fell the most in more than a month after a report that

By Michael Hirtzer April 24 (Reuters) – U.S. exporters last week shipped the most corn in at least 24 years, government data showed on Thursday, despite

Knightsbridge Tankers and Frontline 2012 announced today the two companies had reached an agreement to combine Frontline 2012’s remaining fleet 25

A day after dry bulk shipper Genco Shipping announced filing for Ch. 11 bankruptcy protection, the Baltic Dry Index (BDI) continues to fall further. At 930

By Dawn McCarty April 21 (Bloomberg) — Peter Georgiopoulos’s Genco Shipping & Trading Ltd., an operator of dry-bulk cargo ships, filed for

April 15 (Bloomberg) — Rio Tinto Group, the world’s second-largest mining company, said first-quarter iron-ore production rose to a record after

By Karen Rebelo and Silvia Antonioli April 14 (Reuters) – A Chinese consortium bought the Las Bambas copper mine in Peru from Glencore Xstrata for $6

A small Australian exploration company said it has secured more than $6 billion in equity funding from unnamed investors to build a port and rail network to

Japanese bulk carrier specialist Oshima Shipbuilding won an order today to build a 60,000 dwt bulk carrier for Jinhai Marine Inc. Contract price for the new

By Phoebe Sedgman April 10 (Bloomberg) — The world is mining more iron ore than steelmakers need. Australia, the largest supplier, sent 504 ships from