dry bulk shipping


Thursday, April 24, 2014
port of houston dry bulk grain elevators
News

U.S. Corn Shipments Hit 24-Year Highs Despite China Cancellations

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

April 24, 2014
Total Views: 23

Golden Zhejiang knightsbridge
News

Knightsbridge Chairman Predicts Capesize Sector Recovery

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

April 24, 2014
Total Views: 37

Tuesday, April 22, 2014
Mercator Lines Points Finger at Private Equity for Dry Bulk Overcapacity Issues
News

Mercator Lines Points Finger at Private Equity for Dry Bulk Overcapacity Issues

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

April 22, 2014
Total Views: 1175

Monday, April 21, 2014
Genco Tiberius shipping capesize
Finance

Genco Shipping Files for Bankruptcy

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

April 21, 2014
Total Views: 235

Monday, April 14, 2014
rio tinto capesize iron ore bulk carrier cape lambert
News

Record Iron-Ore Production from Rio Tinto’s Australian Mines

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

April 14, 2014
Total Views: 114

las bambas copper mine
News

Metal-Hungry China Buys Peruvian Copper Mine For $6 Billion

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

April 14, 2014
Total Views: 96

Friday, April 11, 2014
Australian Firm Secures $6.5 Billion For New Iron Ore Port
Shipping News

Australian Firm Secures $6.5 Billion For New Iron Ore Port

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

April 11, 2014
Total Views: 31

Thursday, April 10, 2014
bulk carrier
News

Jinhai Heads to Oshima for New Bulker

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

April 10, 2014
Total Views: 31

Wednesday, April 9, 2014
bhp billiton port hedland western australia bulk carrier
News

Iron Ore Bear Market Deepens as Aussie Mines Expand

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

April 9, 2014
Total Views: 42

Friday, April 4, 2014
Genco Tiberius shipping capesize
Shipping News

Genco Reaches Bankruptcy Restructuring Deal

April 4 (Reuters) – Genco Shipping & Trading Ltd will cut its debt by more than $1 billion by giving control of the company to its lenders in a

April 4, 2014
Total Views: 63

Thursday, April 3, 2014
china flag
News

China Outlines Steps to Support Growth With GDP Target at Risk

April 3 (Bloomberg) — China outlined a package of measures including railway spending and tax relief to support the economy and create jobs after a

April 3, 2014
Total Views: 27

capesize bulk carrier dry bulk loading iron ore
News

Capesize Owners Face Uncertain Week On Major Trades

By Keith Wallis SINGAPORE April 3 (Reuters) – Rates for capesize bulk carriers on key Asian routes are facing mixed fortunes with a two-tier market

April 3, 2014
Total Views: 120

Wednesday, April 2, 2014
82,000 dwt bulk carrier kamsarmax
News

Euroseas Orders New Bulk Carriers from Yangzijiang

Euroseas, the Athens-based owner/operator of dry bulk and container vessels placed a newbuild order today for two 82,000 dwt Kamsarmax bulk carriers

April 2, 2014
Total Views: 65

Tuesday, April 1, 2014
coal
News

Japan Traders Seen Returning Up to $3 Billion on Commodity Fall

April 1 (Bloomberg) — The commodities boom is over and you can have some money back. For investors in Japan’s biggest trading houses, Mitsubishi Corp.

April 1, 2014
Total Views: 41

Wednesday, March 26, 2014
bulk carrier
News

Scorpio Bulkers Buys More Capes

With only 79 bulk carriers currently under construction, Scorpio Bulkers decided today that a few more were needed for their growing fleet. Five new Capesize

March 26, 2014
Total Views: 143

Tuesday, March 25, 2014
berge everest vloc ore carrier ship
News

Giant Valemax Ship Delivers Nearly 400,000 Tons of Iron Ore to New Malaysian Terminal

SINGAPORE, March 25 (Reuters) – Top iron ore producer Vale said it has delivered 382,500 tonnes of iron ore via one its giant Valemax ships to a new

March 25, 2014
Total Views: 877

Thursday, March 20, 2014
bulk carrier liberty maritime grain
News

COSCO Signs Newbuild Order for 8 Bulk Carriers

Jay Goodgal will no doubt be shaking his head this morning on the latest news from COSCO which has ordered eight new bulk carriers via its investment holding

March 20, 2014
Total Views: 25

Monday, March 17, 2014
golden shadow bulk carrier
News

Bulk Carriers Continue to be Built While China Says GDP is “Flexible”

In February 2014, the dry bulk shipping fleet and orderbook continued to grow. Shipowners and investors continued to order larger vessels more than

March 17, 2014
Total Views: 89

grain elevators
News

Reduced Expectations for Dry Bulk Shipping as Harvest Predictions Turn Negative

Dry bulk shipping was relying on a strong grain season in South America. Shipowners, investors and analysts, in particular, may need to reevaluate their

March 17, 2014
Total Views: 16

Thursday, March 13, 2014
hanjin dampier capesize bulk carrier
Finance

Hanjin Shipping to Merge Back with Itself

Hanjin Shipping, South Korea’s largest shipping company, announced in a stock exchange filing today that it will be merging itself back into its parent

March 13, 2014
Total Views: 127