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
RIO DE JANEIRO–Brazilian mining giant VALE SA (VALE, VALE5.BR) believes global demand for iron ore is “far from peaking,” though growth in
NASDAQ-listed Star Bulk Carriers Corp (SBLK) is looking at a pretty dismal future. Their quarterly numbers they released today weren’t too bad
(Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-biggest shipping line, delayed plans to expand its commodity-vessel fleet as a global glut
Athens, Greece, November 27, 2012. Globus Maritime Limited (“Globus,” the “Company,” “we,” or “our”), (NASDAQ:
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
International Shipholding Corporation (NYSE: ISH) announced last week that in light of current market conditions, it has decided not to proceed with its
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
Overseas Shipholding’s (OSG) Chapter 11 filing to deal with its bulging debt isn’t a surprise. And it also won’t be the
Athens, Greece-DryShips Inc. (NASDAQ: DRYS), an international shipper of dry bulk and petroleum cargos, and through its deepwater drilling subsidiary, Ocean
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
Danish dry bulk operator Ultrabulk said Wednesday that continuous delays have forced the company to cancel its order for two large Panamax bulkers from
BEIJING–Brazilian miner Vale SA has spent around $2 billion on a fleet of huge ships to carry its iron ore from Brazil to China. The problem: China
(Bloomberg) — China, which imports more iron ore than the rest of the world combined, will buy a record amount this quarter, easing concern about the
Greece-based Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, revealed plans Wednesday to delay
Bermuda-based Knightsbridge Tankers (NASDAQ: VLCCF) reported their Q3 financials today and gave us an overview of the tanker and dry bulk markets. With
The owner of a Russian cargo ship that went missing last week with 9 crew members and 700 tons of gold ore in the Sea of Okhotsk has been
The Tilos‘ days are numbered following Goldenport Holdings Inc. (LSE: GPRT) announcement today that she has been sold and delivered to a third party
In a move to reduce the company’s debt, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today they have sold one of their 69,235 dwt Panamax
(Bloomberg) — Nippon Yusen K.K., Japan’s biggest shipping line, lowered its annual profit forecast and Mitsui O.S.K. Lines Ltd. predicted a loss as
Fednav, the world’s largest operator of ice-classed vessels and Canada’s leading deep-sea bulk transporter, announced Tuesday that it has placed an
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