Dry Bulk Shippers Rally as China Books More Ore Carriers
June 25 (Bloomberg) — The biggest jump in shipping rates since September is spurring speculation that demand from Chinese steelmakers is rebounding after
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
Rates to ship iron ore rose by the most in almost a month on speculation demand remains high even as a surplus of vessels keeps earnings below operating
Oslo-based shipping firm Belships ASA has placed an order for two fuel efficient Supramax bulk carriers from Imabari Shipbuilding Co. Ltd. The design provided
By Alexander Healey Panama finally reveals what happened to three bulkers lost in 2010. But little action is being taken to improve safety for seafarers. Ever
June 3 (Bloomberg) — A freight trader operating more than 40 vessels offered to lease ships for no charter income and pay toward fuel costs as the
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