dry bulk shipping


Friday, November 8, 2013
scorpio bulkers
News

Scorpio Bulkers Buys 10 More Newbuilds

Scorpio Bulkers has just announced a USD $278 million order for 10 more bulk carriers today, all of which are due for construction at Japanese and Chinese

November 8, 2013
Total Views: 17

Friday, November 1, 2013
vale rio de janeiro vloc ore carrier

Shandong Shipping Agrees To Operate Vale’s Giant Valemax Ships

China's state-owned Shandong Shipping Corporation has signed a $500 million deal with Brazilian miner Vale SA to operate four of its giant iron-ore freighters,

November 1, 2013
Total Views: 189

Wednesday, October 23, 2013
copersucar sugar fire santos
News

Copersucar Declares Force Majeure Following Sugar Inferno [UPDATE]

SAO PAULO, Oct 22 (Reuters) – Brazil’s largest trader of sugar and ethanol declared force majeure to third party exporters of sugar with contracts

October 23, 2013
Total Views: 40

golden shadow bulk carrier
News

Baltic Sea Freight Index Down On Low Capesize, Panamax Activity

Oct 23 (Reuters) – The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain,

October 23, 2013
Total Views: 20

Monday, October 21, 2013
hyundai merchant marine
News

Hyundai Merchant Marine to Build Pair of Bulk Carriers

In a stock exchange filing today, Hyundai Merchant Marine announced they have exercised an option to build a pair of 82,000 dwt bulk carriers for a total

October 21, 2013
Total Views: 20

Friday, October 18, 2013
sugar fire brazil Copersucar
Incidents

Fire Consumes Brazilian Sugar Mega-Terminal, 180,000 Tons Destroyed [UPDATE]

By Reese Ewing and Fabiola Gomes SAO PAULO, Oct 18 (Reuters) – A fire ravaged Copersucar’s sugar terminal in Brazil on Friday, paralyzing

October 18, 2013
Total Views: 82

Thursday, October 17, 2013
mineral nippon bulk carrier cmb
News

CMB Sees Promise for the Dry Bulk Industry

For CMB, the Belgian dry bulk shipowner, “The outlook for 2014 and 2015 looks promising,” they note to their 3rd quarter earnings report today.

October 17, 2013
Total Views: 39

b.delta37 deltamarin bulk carrier china navigation
Engineering News

China Navigation Orders Four More Deltamarin Bulk Carriers

China Navigation Company (CNCo), the deep-sea ship-owning and operating arm of Singapore-based Swire Group has confirmed today a newbuild order for four

October 17, 2013
Total Views: 170

Monday, October 14, 2013
coal
News

Coal to Surpass Oil as Key Fuel of the Global Economy

By Florence Tan DAEGU, South Korea, Oct 14 (Reuters) – Coal will surpass oil as the key fuel for the global economy by 2020 despite government efforts to

October 14, 2013
Total Views: 48

Shanghai Waigaoqiao Shipbuilding
News

China Steel Binge Spurs Record Hiring of Ore Carriers

View Larger Map Above is a satellite view of Shanghai Waigaoqiao Shipbuilding which is busy building large bulk carriers. Oct. 15 (Bloomberg) — Freight

October 14, 2013
Total Views: 29

Wednesday, October 9, 2013
bhp billiton port hedland western australia bulk carrier
News

Shipowners Love Ships: Don’t Expect Them to be Scrapped so Quickly

It was reported in Bloomberg’s “Chart of the Day” that the latest rally in iron-ore freight costs since 2009 has prompted shipowners to end

October 9, 2013
Total Views: 31

Tuesday, October 8, 2013
diana shipping logo
News

Diana Shipping Signs $52 Million Capesize Deal

Diana Shipping (NYSE: DSX) signed a Memorandum of Agreement with Pioneer Shipping yesterday to purchase the 179,134 dwt M/V JK Pioneer for a total

October 8, 2013
Total Views: 51

Monday, October 7, 2013
vale sohar
News

Oman Shipping Signs $356 Million Loan to Acquire Very Large Ore Carriers

Oman Shipping Company has signed a 137 million rials ($355.8 million) loan with two local banks to fund the acquisition of four Very Large Ore Carriers

October 7, 2013
Total Views: 55

scorpio bulkers
Uncategorized

Scorpio Bulkers Goes Big Into Dry Bulk with $455 Million Newbuild Acquisition

Scorpio Bulkers has snatched up 15 bulk carrier newbuilds from yards in Japan and China today in a $455 million acquisition, an order which will more than

October 7, 2013
Total Views: 22

Thursday, October 3, 2013
vale brasil vloc bulk carrier valemax
News

Vale Shareholders Get $500 Million Windfall From Iron Ore Rally

Oct. 3 (Bloomberg) — Vale SA, the world’s largest iron-ore producer, boosted this year’s planned dividend by 13 percent to $4.5 billion as

October 3, 2013
Total Views: 39

crown63 ultramax sinopacific shipbuilding
News

Paragon Shipping Acquires Ultramax Newbuilds

Paragon Shipping Inc. (NASDAQ: PRGN), an Athens-based dry bulk shipper has announced an acquisition worth approximately $53.0 million for two 63,500 dwt

October 3, 2013
Total Views: 129

Wednesday, October 2, 2013
coal
News

Coal to Replace Natural Gas as Dominant Fuel in SE Asia

Oct. 2 (Bloomberg) — Coal will replace natural gas as the dominant fuel for producing electricity in Southeast Asia as the region almost doubles its

October 2, 2013
Total Views: 132

Tuesday, October 1, 2013
star bulk
News

Star Bulk Drops $214 Million for Five New Bulk Carriers

Star Bulk (NASDAQ:SBLK), an Athens-based dry bulk shipping firm has announced that as of last week, they have entered into agreements to build five new bulk

October 1, 2013
Total Views: 234

Monday, September 30, 2013
Baltic Index Falls As Chinese Holiday Saps Demand For Bigger Vessels
Uncategorized

Baltic Index Falls As Chinese Holiday Saps Demand For Bigger Vessels

The Baltic Exchange's main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain and coal, fell on Monday on lower

September 30, 2013
Total Views: 19

Sunday, September 29, 2013
bulk carrier liberty maritime grain
News

Farmers and U.S.-Flagged Shippers Live to Fight Another Day, Just Barely

Should U.S. disaster relief require American-grown food? Those with the best intentions may miss the full picture By Bruce Vail The next time news of a natural

September 29, 2013
Total Views: 48