Capesizes Gain Most in Month as Fleet Seen Absorbing Demand
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
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
(Bloomberg) — Rates to ship iron ore fell by the most in two weeks on speculation steel mills in China, the largest buyer, are using inventories instead
(Bloomberg) — Golden Ocean Group Ltd., the owner of ships hauling coal and iron ore led by billionaire John Fredriksen, plans to curb long-term charters
Golden Ocean Group Ltd has announced an agreement to buy two ice class Panamax vessel resales built at Pipavav Defence & Offshore Engineering Company.
(Bloomberg) — Golden Ocean Group Ltd., the dry bulk shipping group controlled by billionaire John Fredriksen, rose in Oslo as a strong balance sheet and
On February 17th of this year, the Harita Bauxite sank off Cape Balinao in the South China Sea. Of the twenty-four men aboard, only nine survived. The sea can
DryShips has posted its sixth straight quarterly loss and says it does not expect charter rates to improve this
(Bloomberg) — D/S Norden A/S, Europe’s biggest owner of ships hauling iron ore and coal, is making its first bet in three years that rates for
Safe Bulkers Inc. (SB) is a rare gem among the doom and gloom surrounding high-profile dry-cargo shipping companies. SB owns a fleet of 26 dry-cargo vessels,
(Bloomberg) — Rates for iron-ore carriers fell for a sixth day on speculation Chinese steel mills are drawing on stockpiles instead of imports, according
Since the first of January, Danish tramp shipper Norden has been executing a significant growth plan focused on both the dry bulk and clean product tanker
Naval architecture firm Deltamarin announced today a handful of orders for their B.Delta bulk carrier design, all to be built at Chinese shipyards.
Cargill Inc's move to order bulker ships is taking advantage of low vessel values and the U.S. agribusiness company has no plans to become a long-term ship
(Bloomberg) — A slump in the price of iron ore may be the catalyst for China to start importing more of the steelmaking raw material and for shipping
Greek shipping companies are ordering the most new iron-ore carriers since 2008, betting the five-year rout in charter rates may be nearing an
New York-based Baltic Trading Limited (NYSE:BALT) is a publicly traded dry cargo company which operates a fleet of 9 dry cargo vessels, consisting of 3
(Bloomberg) Costs to haul iron ore and coal on Capesize ships, the largest carriers of the commodities, rose for a third session to a one-month high after more
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