dry bulk shipping

(Bloomberg) — Iron ore and coal shipping costs slid for a fifth day amid speculation storms in Australia are curbing demand for vessels carrying the

COSCO Dalian Shipyard announced today the delivery of two 82,000 DWT  bulk carriers,  the ECOPRIDE G.O. and UNION MARINER, respectively to its European

(Bloomberg) — Storms interrupted exports of coal used in steelmaking from ports on the northeast coast of Australia, which accounts for 53 percent of

By Michelle Wiese Bockmann (Bloomberg) — The fleet of ships carrying minerals and grains will expand at double the pace of trade growth for a second year

Jan. 23 (Bloomberg) — Nippon Steel & Sumitomo Metal Corp., Japan’s top steelmaker, will consider using more Valemax carriers to receive ore

The Port of Kimitsu, Japan, received a Valemax super iron ore carrier for the first time on Saturday, 19 January.  The Vale Brasil, which has a capacity to

Jan. 21 (Bloomberg) — Demand to ship dry-bulk commodities will exceed fleet growth in the year’s second half as the freight market begins to

Jan 18 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose on Friday for a

Jan. 15 (Bloomberg) — Rates for Capesize ships carrying iron ore, which advanced for a third day, may curb gains as accelerating fleet growth this

ATHENS – DryShips Inc. (NASDAQ: DRYS) announced today the sale, via novation, of two of its 158,000 DWT suezmax dry bulk carriers, the Esperona and

The index climbed 1.1 percent to 751, according to the London-based Baltic Exchange, an assessor of freight costs. Average hire costs for Panamax ships, which

D/S Norden AS, Europe’s biggest commodity-shipping company, is betting that transport rates will continue to slump this year, a wager that will help it

Rising steel prices and falling stockpiles of iron ore in China may lead to increased imports of the commodity, boosting demand for shipping, according to

Rates to ship iron ore rose the most in almost eight weeks on speculation China’s steel industry is stockpiling the commodity before domestic mines shut

At least 45 of the largest dry-bulk vessels were re-sold in 2012 while being built at shipyards because delays led to cancellations or the original orderer

South Korea’s government is moving to bar foreign shipping lines from contracts in the state-run energy sector as it supports domestic companies

Star Bulk Carriers Corp. (SBLK) reached an agreement with its lenders to defer up to $24 million of repayment obligations over the next two years. The

Earnings for ships that haul liquefied gases, cars and oil products are most likely to recover this year amid a continued glut of merchant vessels that may

Iron ore is rallying the most in about two years as analysts predict that China, the biggest buyer, will import a record amount in 2013 as its accelerating

ATHENS, GREECE – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced