Diana Shipping Gains 9th Long Term Charter for 2013, Shares Rise
Athen-based dry bulk shipping firm, Diana Shipping Inc. (NYSE: DSX), has announced that over the past week, it has entered into a pair of time charter
Athen-based dry bulk shipping firm, Diana Shipping Inc. (NYSE: DSX), has announced that over the past week, it has entered into a pair of time charter
(Bloomberg) — The Baltic Dry Index, a measure of commodity-shipping costs, rose to the highest level this year on demand to transport grain cargoes.
March 6 (Reuters) – DryShips Inc reported a bigger-than-expected quarterly loss as voyage revenue in its drybulk carriers business fell. Shares of
(Bloomberg) — A 39 percent jump in iron-ore cargoes over the next three years will fail to offset a surplus of the biggest ships hauling the steelmaking
By Jonathan Saul LONDON, March 4 (Reuters) – Archer Daniels Midland Co unwittingly used a vessel controlled by a sanctioned Iranian shipping firm last
By Jonathan Saul LONDON, Mar 1 (Reuters) – Cargill made its first grain shipment using an electronic freight document this week as the U.S. agribusiness
(Bloomberg) — Cargill Inc., the agricultural trader that accounts for 2 percent of world freight, is ordering new ships in a reversal of a policy against
(Bloomberg) — Brazilian miner Vale SA more than doubled spending on maritime freight in the fourth quarter as it shipped more of the steel-making
(Bloomberg) — Pacific Basin Shipping Ltd., Hong Kong’s biggest dry-bulk carrier, posted its first annual loss since listing in 2004 after a
(Bloomberg) — Charter rates for Capesize ships, which fell for a 14th session today, may rebound as increased export cargoes from Brazil compensate for
(Bloomberg) — A storm that closed Australian ports handling 43 percent of world iron-exports delayed as many as 74 vessels amid rain that might interrupt
By Isaac Arnsdorf and Rob Sheridan (Bloomberg) — Shipping rates for iron ore are poised to double next quarter as Chinese steelmakers import extra
By James Regan SYDNEY, Feb 25 (Reuters) – World trade in iron ore faces major disruptions as a cyclone bears down on Western Australia, shutting port
(Bloomberg) — Earnings for Capesize ships, the largest carriers of iron ore and coal, remained at a six-week low as a dearth of cargoes curbed hiring of
By John McGarrity LONDON, Feb 19 (Reuters) – Colombia’s largest coal exporter Cerrejon has declared force majeure on at least some of its cargoes
Coal imports into China, the world’s largest consumer of the commodity, are poised to more than double in the next few years as local production falls,
Golden Ocean Group Ltd. climbed to the highest level in almost two years in Oslo trading after the shipping company controlled by billionaire John Fredriksen
Chinese demand for iron ore cargoes may advance more slowly than expected following holidays in the Asian country, because import prices are at level that
HONG KONG – Rio Tinto has signed a 20-year contract with Japan’s Mitsui O.S.K. Lines Ltd (MOL) to carry iron ore from Australia to China, as the
Returns for Panamax ships, the main grain and coal carriers, reached the highest in almost two months as the reopening of some Asian offices after holidays and
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