Shipping Rates Seen at Three-Year High on Record Ore to China
The cost of hauling iron ore is poised to rise to a three-year high after shipments to China expanded to a record, boosting returns for Nippon Yusen K.K. and
The cost of hauling iron ore is poised to rise to a three-year high after shipments to China expanded to a record, boosting returns for Nippon Yusen K.K. and
Owners of the stricken MV Smart say that there is no evidence to suggest that mechanical or structural failure contributed to the ship breaking up outside
By Isaac Arnsdorf Sept. 9 (Bloomberg) — The cost of shipping raw materials surged the most in more than four years as strengthening steel prices in China
Sept 6 (Reuters) – The Baltic Exchange’s main sea freight index jumped 5.71 percent on Friday due to increased activity across all vessels,
Sept. 5 (Bloomberg) — The fastest Chinese steel output on record is still too slow to meet demand from builders, reducing inventories and driving prices
SYDNEY, Sept 5 (Reuters) – Iron ore exports to China from Australia’s Port Hedland, which handles about a fifth of the global seaborne market for
Sept 4 (Reuters) – The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain,
Golden Ocean Group Limited announced today the acquisition of a 50 percent stake in a 2010 Korean-built 181,000 dwt Capesize bulk carrier and one 2010
Aug 30 (Reuters) – The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain,
HONG KONG, Aug 30 (Reuters) – China’s largest bulk shipper, China COSCO Holdings Co Ltd , is confident of turning a profit for the full year of
HONG KONG, Aug 29 (Reuters) – China’s largest bulk shipper, COSCO Holdings Co Ltd , posted on Thursday a first-half net loss of 990 million yuan
This past Saturday a Filipino sailor on board the J.J. Ugland-owned bulk carrier MV Favorita was killed while cleaning one of the vessels cargo holds.
Jim Rogers is seriously concerned about the impact of continual and expansive monetary policy coordinated by central banks around the globe. We have even seen
By Wendell Roelf CAPE TOWN, Aug 28 (Reuters) – Africa’s biggest coal export port is be expanded in a $192 million investment designed to help
Shipping company d'Amico Societa' di Navigazione has placed orders for dry cargo ships totaling $290 million, a senior official said, as it sees ship building
In an article yesterday in ZeroHedge, Tyler Durden recalls from earlier this summer, “problems with the industry-specific data underlying the Chinese
Why has there been a relatively sudden demand spike for dry bulk shipping since June 2013? The origins lead directly back to an “Unofficial Economic
Aug. 27 (Bloomberg) — Near-record agricultural exports are diminishing the capacity glut in grain carriers, boosting rates for Safe Bulkers Inc. and
The real estate problems in China dwarf those experienced in the U.S. from 2006 to 2010 by a significant factor. Supported by economic programs
By James Regan SYDNEY, Aug 25 (Reuters) – Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback,
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