dry bulk shipping

On Monday, Russian freight forwarder Sovfracht-Sovmortrans announced the signing of an agency agreement under which they were formally appointed sales agent

MV Star Norita, a 58,000 DWT supramax bulk carrier, was named and delivered today by Chinese shipbuilder,  Tsuneishi (Zhoushan) Shipbuilding to its owner,

Singaporean shipowner Navig8, announced on Friday that it’s Supra 8 pool of supramax-bulkers has expanded to 15 units from an initial four this summer.

A rail-mounted Siwertell ship unloader with a rated capacity of 1,500 tph will be used to discharge coal at a greenfield power plant under construction near

(Bloomberg) — Iron-ore ships are poised to earn more than operating costs for the first time this year as rates rally on speculation Chinese steel mills

Germanischer Lloyd (GL) has presented UK-based shipper Carisbrooke Shipping with energy efficiency design index (EEDI) certificates for four low emission dry

The dry-bulk shipping market has been in the doldrums again of late (the Baltic Dry Index is again near record lows and recently had a 31-session streak of

Vale informed reporters today that it has signed a USD $600 million agreement to sell and further charter 10 large ore carriers with Polaris Shipping Co. Ltd.

HONG KONG–The head of shipping giant China Cosco Holdings Co. (601919.SH) on Thursday cast a downbeat light on the shipping industry, saying the current

China, the world’s biggest coal consumer, is poised to reduce imports of the commodity from Australia after the gap with domestic prices narrowed,

Shipping lines that carry generators and giant trucks for General Electric Co. and BHP Billiton Ltd. are becoming takeover targets amid a lack of funding for

Hellenic Carriers Limited (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, announced today that, in continuation

A plunge in iron ore prices and shipping costs means it’s cheaper for Chinese steel mills to buy the material from Brazil more than 8,000 nautical miles

(Bloomberg) — D/S Norden A/S, Europe’s biggest commodity shipping company, is poised for a second consecutive quarterly profit after concluding

The Great Lakes’ largest freighter ran hard aground this week while carrying 62,000 tons of coal on the outbound channel of the St. Marys River. The USCG

Thoresen Thai Agencies Pcl plans to almost double its dry-bulk shipping fleet in three years as a focus on Europe-U.S. cargos shields it from tumbling rates

DryShips Inc.’s (DRYS) second-quarter loss narrowed as revenue improved and vessel-impairment expenses weighed on year-ago results. However, shares fell

SEOUL–STX Pan Ocean Co. (028670.SE), South Korea’s largest bulk carrier by sales, said Tuesday it swung to a net loss in the second quarter as

(Bloomberg) — Reduced congestion in Chinese and Brazilian ports is cutting earnings for ships hauling raw materials, according to RS Platou Economic

(Bloomberg) — The cheapest iron ore in 31 months and the lowest shipping costs on record are poised to increase the number of cargoes going to China,