After Longest Gaining Streak Since 2006, Capesize Rates Fall
July 2 (Bloomberg) — Rates for the largest iron ore-carrying ships fell, ending the longest winning streak since 2006, on speculation demand for cargoes
July 2 (Bloomberg) — Rates for the largest iron ore-carrying ships fell, ending the longest winning streak since 2006, on speculation demand for cargoes
Years ago if you wanted to import bananas you had two choices. You could pick the bananas when they were still green and un-ripened so they would arrive a
The outlook for the drybulk shipping market is brightening after a stormy four years, but only those shippers that managed to avoid getting swamped by debt are
Shipping rates for iron ore rallied for the longest since 2006 as record fleet growth slows and amid speculation that demand is rising to deliver the
June 25 (Bloomberg) — The biggest jump in shipping rates since September is spurring speculation that demand from Chinese steelmakers is rebounding after
Rates to ship iron ore extended the year’s biggest rally on speculation Brazil expanded exports as Chinese steel mills, the biggest buyers, rebuild
June 21 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, touched a high for
The bulk shipper STX Pan Ocean Co Ltd filed for protection under U.S. bankruptcy law on Thursday to shield its assets from creditors in the United States, less
June 19 (Bloomberg) — Golden Ocean Group Ltd., a shipowner led by billionaire John Fredriksen, climbed to the highest level in more than two years in
(Bloomberg) — STX Pan Ocean Co., South Korea’s largest commodities-shipping company, slumped to the lowest level in Seoul trading since its
June 17 (Bloomberg) — Ships hauling iron ore earned more than they need to cover running for the first time in almost five months, amid speculation that
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the seventh consecutive day Friday to their
Moore Stephens' latest Shipping Confidence Survey produced evidence of increased enthusiasm for new investment, although doubts persisted about the
Dry bulk shipping company, Golden Ocean Group Limited, has exercised options for three new 64,000 dwt Supramax bulk
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the fifth straight day on Wednesday, as
Troubled Athens-based shipping company Excel Maritime (EXM) revealed in yesterday’s press release one of industry’s worst kept secrets: The
Drybulk shipper Excel Maritime Carriers Ltd intends to file for Chapter 11 bankruptcy making it the latest victim of a downturn in the shipping
(Bloomberg) Rates for ships hauling coal and grains posted the longest losing streak on record as the merchant fleet’s largest glut magnified seasonal
(Reuters) – Argentina has sent its first major cargo of genetically modified (GMO) corn to China, where demand for grain-based animal feeds is growing as
(Reuters) STX Pan Ocean – owner of 97 bulk vessels, 249 chartered-in ships and open contracts for 28 newbuilds – filed for court receivership on
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