dry bulk shipping


Tuesday, September 10, 2013
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: 19

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: 414

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: 22

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: 55

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: 27

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: 27

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: 37

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: 53

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: 57

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: 20

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: 30

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: 200

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: 28

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: 212

Tuesday, August 27, 2013
D’Amico Shipping On $290 Million Bulker Buying Spree

D’Amico Shipping On $290 Million Bulker Buying Spree

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

August 27, 2013
Total Views: 66

china flag
Finance

China Admits Inaccurate Economic Statistics

In an article yesterday in ZeroHedge, Tyler Durden recalls from earlier this summer, “problems with the industry-specific data underlying the Chinese

August 27, 2013
Total Views: 30

China’s Economic Stimulus and the Short-Term Dry Bulk Shipping Impact
News

China’s Economic Stimulus and the Short-Term Dry Bulk Shipping Impact

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

August 27, 2013
Total Views: 42

Monday, August 26, 2013
panamax bulk carrier ds norden
News

Panamax Rates Rising as Crop Cargoes Near Record

Aug. 27 (Bloomberg) — Near-record agricultural exports are diminishing the capacity glut in grain carriers, boosting rates for Safe Bulkers Inc. and

August 26, 2013
Total Views: 306

China’s Ghost Cities Reveal Potential for Dry Bulk Market Calamity
News

China’s Ghost Cities Reveal Potential for Dry Bulk Market Calamity

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

August 26, 2013
Total Views: 28

Sunday, August 25, 2013
For Jerry Ren, the Commodity Boom Continues in Australia’s Outback
News

For Jerry Ren, the Commodity Boom Continues in Australia’s Outback

By James Regan SYDNEY, Aug 25 (Reuters) – Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback,

August 25, 2013
Total Views: 98