dry bulk shipping


Tuesday, September 24, 2013
green dolphin
News

Pioneer Marine Launches With a Newbuild Order for 4 Bulk Carriers

After a year of beating the bushes of the ship finance sector, Pankaj Khanna, CEO of Singapore-based Pioneer Marine has gained funding from US-based private

September 24, 2013
Total Views: 121

precious shipping
News

Precious Shipping Orders Another $24 Million Cement Carrier, More Ships on the Way

Precious Shipping, a Bangkok-based dry cargo operator specializing in the small handy size (10,000 to 30,000 DWT) sector of the tramp freight market, announced

September 24, 2013
Total Views: 99

Monday, September 23, 2013
COSCO 57000 dwt bulk carrier guangdong
News

Newbuild Orders Remains Achilles Heel for Dry Bulk Sector

Many analysts, public and private equity investors and shipowners seem to believe the dry bulk order book has declined materially over the past eight and

September 23, 2013
Total Views: 60

Tuesday, September 17, 2013
timber shipping ship logs wood forestry
News

Smallest Ships Profitable Again as China Imports More Timber

Sept. 17 (Bloomberg) — China is building the most property in at least a decade, expanding shipments of logs and adding to record commodity cargoes that

September 17, 2013
Total Views: 339

Monday, September 16, 2013
iron ore
News

Shipping Rates in China Surge to 16-Month High

The cost of hauling iron ore and coal along China’s coast rose to a 16-month high, adding to signs the nation’s demand is strengthening for the

September 16, 2013
Total Views: 43

Tuesday, September 10, 2013
Valemax Bottoms Out in Brazil
Interesting

Valemax Bottoms Out in Brazil

A Valemax bulk carrier was damaged Monday after running aground as she departed the Ponta da Madeira terminal in northeastern

September 10, 2013
Total Views: 225

Shipping Rates Seen at Three-Year High on Record Ore to China
Uncategorized

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

September 10, 2013
Total Views: 31

Monday, September 9, 2013
MV Smart Grounding: Owners Rule Out Mechanical Failure… Before Ship Hit Bottom
Interesting

MV Smart Grounding: Owners Rule Out Mechanical Failure… Before Ship Hit Bottom

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

September 9, 2013
Total Views: 451

Baltic Dry Index Sails to Biggest Gain in 4 Years

Baltic Dry Index Sails to Biggest Gain in 4 Years

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

September 9, 2013
Total Views: 41

Friday, September 6, 2013
Strong Capesize Segment Helps Baltic Index Close Out Big Week

Strong Capesize Segment Helps Baltic Index Close Out Big Week

Sept 6 (Reuters) – The Baltic Exchange’s main sea freight index jumped 5.71 percent on Friday due to increased activity across all vessels,

September 6, 2013
Total Views: 61

Thursday, September 5, 2013
steel manufacturing molten iron industrial
News

Steel Rallies as Demand from Chinese Builders Outpaces Supply

Sept. 5 (Bloomberg) — The fastest Chinese steel output on record is still too slow to meet demand from builders, reducing inventories and driving prices

September 5, 2013
Total Views: 40

Wednesday, September 4, 2013
bhp billiton port hedland western australia bulk carrier
News

Port Hedland’s Iron Ore Exports To China Up 33 Percent in August

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

September 4, 2013
Total Views: 38

iron ore
News

Baltic Dry Index Soars on Chinese Demand for Iron Ore

Sept 4 (Reuters) – The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain,

September 4, 2013
Total Views: 49

Tuesday, September 3, 2013
golden ocean group
News

Golden Ocean Enters Into Bulk Carrier Joint Venture

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

September 3, 2013
Total Views: 60

Friday, August 30, 2013
bulk carrier capesize
News

Baltic Index Down For 3rd Day On Capesize Weakness

Aug 30 (Reuters) – The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain,

August 30, 2013
Total Views: 60

cosco
News

COSCO Chairman Confident Of Returning To Profit In 2013

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

August 30, 2013
Total Views: 27

Thursday, August 29, 2013
china cosco headquarters
News

COSCO’s Bulk Shipping Arm Reports Loss of 990 Million Yuan [REPORT]

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

August 29, 2013
Total Views: 48

Wednesday, August 28, 2013
mv favorita
News

Filipino Sailor Killed on Board J.J. Ugland Bulk Carrier, MV Favorita

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.

August 28, 2013
Total Views: 221

Jim Rogers: “When the Sea of Money Ends, it is Going to be a Huge Mess”
Finance

Jim Rogers: “When the Sea of Money Ends, it is Going to be a Huge Mess”

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

August 28, 2013
Total Views: 35

richards bay coal terminal bulk carrier dry bulk
News

Africa’s Top Coal Port Expands To Open Up Export Capacity

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

August 28, 2013
Total Views: 228