Baltic Dry Index Hits 11-Month High on Strong Demand for Iron Ore Shipping
July 9 (Reuters) – The Baltic Exchange’s main sea freight index rose to its highest in 11 months on Tuesday, driven by higher rates for larger
July 9 (Reuters) – The Baltic Exchange’s main sea freight index rose to its highest in 11 months on Tuesday, driven by higher rates for larger
By Manuel Baigorri and Cathy Chan (Bloomberg) — Hahn & Co. is considering options for H-Line Shipping Co. including a partial or full sale of the
Global mining company Anglo American has completed what is thought to be the first fully carbon offset voyage of a bulk carrier at sea, according to Rightship,
Despite no reported losses in 2018, cargo liquefaction continues to pose a major threat to bulk carriers and their crews, according to bulk shipping
BRAZZAVILLE, April 19 (Reuters) – Congo Republic shipped its first iron ore exports on Friday from a rehabilitated deep-water port that will be used by
By Andy Hoffman (Bloomberg) — Peter Weernink, the former head of a shipping line that counts Glencore Plc as its biggest shareholder, has
By Krystal Chia (Bloomberg) — Iron ore’s supply-driven rally picked up pace on Wednesday, with futures topping $90 a ton, amid increasing concern the
By Ana Mano SAO PAULO, April 2 (Reuters) – Brazilian port operators including units of global grain traders Cargill Ltd and Bunge Ltd will unveil a
OSLO, Feb 19 (Reuters) – The prospects of dry bulk shippers carrying iron ore from mines to smelters have worsened due to the accident at Vale’s
By Henning Gloystein and Muyu Xu SINGAPORE/BEIJING, Feb 1 (Reuters) – Dozens of ships carrying coal and iron ore to China are stuck outside ports waiting
By Hugh Bronstein and Karl Plume BUENOS AIRES/CHICAGO, Nov 30 (Reuters) – A ship named the Torrent is nearing the end of a 5,000-mile trip carrying
Danish shipowner Ultrabulk has teamed up with a handful of companies in the UK the feasibility of fitting a modern bulk carrier with sail power in hopes of
By Prejula Prem and Firat Kayakiran (Bloomberg) — The commodity shipping industry was expected to sail through the trade war unscathed. Tariffs were
By Kevin Varley and Shruti Date Singh (Bloomberg) — The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war.
BEIJING, Nov 1 (Reuters) – A vessel carrying soybeans from the United States to China changed its destination to South Korea on Thursday, shipping data
By Melanie Burton MELBOURNE, Oct 8 (Reuters) – Australia’s competition regulator said on Monday the Port of Newcastle must reduce its charges for
By Alex Longley (Bloomberg) — When U.S. President Donald Trump fired the first salvos in his trade war with China, the market for hauling bulk
By Shruti Date Singh and Tatiana Freitas (Bloomberg) –It looks like China can’t completely shun U.S. soybeans as at least a few cargoes of American
By Alaric Nightingale (Bloomberg) –Will somebody please tell commodity shippers there’s a trade war going on? Whether it’s the price of hiring
By Anatoly Medetsky (Bloomberg) — Russia has so much wheat that it can’t export it all via the usual methods, so shippers are increasingly turning to a
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