dry bulk shipping

By Michelle Wiese Bockmann (Bloomberg) — Rates for ships carrying minerals and grains will climb almost threefold by 2015 as demand for the vessels

(Bloomberg) — Price arbitrages that make it profitable for traders to ship coal and iron ore to China may become more important in determining ship

By Michelle Wiese Bockmann (Bloomberg) — The Baltic Dry Index, a measure of commodity freight costs, slumped for an eighth day as storms curbed charters

(Bloomberg) — Golden Ocean Group Ltd., the shipping company controlled by billionaire John Fredriksen, rose the most in a week in Oslo trading after

(Bloomberg) — Iron ore is poised to decline through the end of March as China, the world’s largest user, has a week-long holiday next month and

(Bloomberg) — A record soybean crop in Brazil, set to be the world’s largest producer and exporter this season, is creating a backlog of ships at

(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