dry bulk shipping


Friday, December 21, 2012
dry bulk carrier shutterstock
News

Hits Keep on Comin’ for the Dry Bulk Market, Chinese Coal Imports May Almost Disappear in 2013

Chinese demand growth for imported coal will almost halt next year before shipments contract in 2014 as the nation’s improving transport network allows

December 21, 2012
Total Views: 60

Thursday, December 20, 2012
capesize bulk carrier kanaris
News

Capesize Market Continues to Get Slaughtered as BDI Sinks Lower

The worst commodity shipping market in 26 years may persist next year as an oversupply of vessels continues to curb ship owners’ ability to boost charter

December 20, 2012
Total Views: 314

ore fabrica vale vloc brasil
News

Economy of Scale? Not So Much for Vale SA’s 400,000 DWT Super Ore Carrier

Vale SA, the world’s biggest iron-ore exporter, may have paid about $158 million more for shipping in the past 19 months by using the largest available

December 20, 2012
Total Views: 202

Tuesday, December 18, 2012
capesize iron ore australia geraldton
Multimedia

Loading Iron Ore at Geraldton, Western Australia [IMAGE]

A ship is loaded with iron ore at the port in Geraldton, Western Australia December 3, 2012. A new deepwater port on Australia’s Indian Ocean Coast was

December 18, 2012
Total Views: 111

Monday, December 17, 2012
bulk carrier
News

Analysts Predict Dry Bulk Shipping Market Rebound in 2013

At a time when equity analysts are predicting the biggest rebound in earnings for Capesize iron-ore carriers in six years, swaps traders are betting that rates

December 17, 2012
Total Views: 98

baltic winter break bulk ship rickmers linie
Uncategorized

Rickmers-Linie Orders Pair of Multi-Purpose Break Bulk Ships

Rickmers-Linie announced today their plans to build a pair of 20,000 DWT multi-purpose break bulk vessels at Hudong-Zhonghua Shipbuilding in China.  Scheduled

December 17, 2012
Total Views: 127

Suffering in the Dry Bulk Market, Paragon Shipping Reaches Financial Agreements with Lendors
Finance

Suffering in the Dry Bulk Market, Paragon Shipping Reaches Financial Agreements with Lendors

After suffering nearly USD $19 million in losses in the 3rd quarter, Paragon Shipping Inc. (NYSE: PRGN) has been working diligently with their lenders to come

December 17, 2012
Total Views: 39

Wednesday, December 12, 2012
stx pan ocean
News

STX Group May Sell Controlling Stake in Fleet of 400 Dry-Bulk Ships

STX Group is in talks about selling its controlling stake in STX Pan Ocean Co., South Korea’s largest dry-bulk ship operator, as it tries to raise 2.5

December 12, 2012
Total Views: 123

Friday, December 7, 2012
Vale’s Strategy is About Access to Ships, Not Ownership

Vale’s Strategy is About Access to Ships, Not Ownership

LONDON–Brazilian miner Vale SA (VALE) said Thursday the company’s shipping strategy isn’t about owning a fleet of ships but rather making

December 7, 2012
Total Views: 72

Tuesday, December 4, 2012
Volgo Balt 199
Incidents

Coal Carrier Sinks off Northern Coast of Turkey, 3 Killed [UPDATE]

ISTANBUL, Dec 4 (Reuters) – At least three people were killed and nine others were missing after a cargoship with a Ukrainian and Russian crew sank in a

December 4, 2012
Total Views: 68

Monday, December 3, 2012
Vale: Global Iron Ore Demand “Far From Peaking”

Vale: Global Iron Ore Demand “Far From Peaking”

RIO DE JANEIRO–Brazilian mining giant VALE SA (VALE, VALE5.BR) believes global demand for iron ore is “far from peaking,” though growth in

December 3, 2012
Total Views: 21

Friday, November 30, 2012
star bulk carriers
Finance

Star Bulk’s Future Looks Very Grim, Reports $303 Million Impairment Charge

NASDAQ-listed Star Bulk Carriers Corp (SBLK) is looking at a pretty dismal future.  Their quarterly numbers they released today weren’t too bad

November 30, 2012
Total Views: 30

Wednesday, November 28, 2012
k line Kawasaki Kisen Kaisha Ltd
News

“K” Line To Shed Two Dozen Bulk Carriers, “We’re Slowing Our Expansion”

(Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-biggest shipping line, delayed plans to expand its commodity-vessel fleet as a global glut

November 28, 2012
Total Views: 72

Tuesday, November 27, 2012
globus maritime fleet
Press Releases

Dry Bulk Shipper Globus Maritime Reports Quarterly Revenue Down 20%

Athens, Greece, November 27, 2012. Globus Maritime Limited (“Globus,” the “Company,” “we,” or “our”), (NASDAQ:

November 27, 2012
Total Views: 40

Tuesday, November 20, 2012
Diana Shipping Q3 Results: Earnings Decline But It’s Not All Bad News

Diana Shipping Q3 Results: Earnings Decline But It’s Not All Bad News

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today reported a net income of

November 20, 2012
Total Views: 53

Monday, November 19, 2012
international shipholding corporation
Finance

International Shipholding’s Acquisition of United Ocean Services On Track, Stock Offering Withdrawn

International Shipholding Corporation (NYSE: ISH) announced last week that in light of current market conditions, it has decided not to proceed with its

November 19, 2012
Total Views: 110

Sunday, November 18, 2012
Flawless Crew Work Saves Bulk Carrier From Disaster [VIDEO]
Incidents

Flawless Crew Work Saves Bulk Carrier From Disaster [VIDEO]

Sometimes things don’t happen according to plan, and when you’re operating a big ship in a narrow channel such as the Panama Canal, a ship’s

November 18, 2012
Total Views: 75

Thursday, November 15, 2012
Overseas Shipholding Won’t Need Bankruptcy Financing [MARKET TALK]

Overseas Shipholding Won’t Need Bankruptcy Financing [MARKET TALK]

Overseas Shipholding’s (OSG) Chapter 11 filing to deal with its bulging debt isn’t a surprise. And it also won’t be the

November 15, 2012
Total Views: 28

Wednesday, November 14, 2012
Ocean Rig Continues to Be a Lifeline for Dryships
Offshore

Ocean Rig Continues to Be a Lifeline for Dryships

Athens, Greece-DryShips Inc. (NASDAQ: DRYS), an international shipper of dry bulk and petroleum cargos, and through its deepwater drilling subsidiary, Ocean

November 14, 2012
Total Views: 30

Ship Chandler Killed After Falling Overboard
Incidents

Ship Chandler Killed After Falling Overboard

A Singaporean ship chandler was killed Tuesday after falling into the water while disembarking from a bulk carrier at the Port of Singapore following a

November 14, 2012
Total Views: 82