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
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
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 3 (Bloomberg) — China outlined a package of measures including railway spending and tax relief to support the economy and create jobs after a
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
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 1 (Bloomberg) — The commodities boom is over and you can have some money back. For investors in Japan’s biggest trading houses, Mitsubishi Corp.
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
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
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
In February 2014, the dry bulk shipping fleet and orderbook continued to grow. Shipowners and investors continued to order larger vessels more than
Dry bulk shipping was relying on a strong grain season in South America. Shipowners, investors and analysts, in particular, may need to reevaluate their
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
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