Dry-Bulk Shipping Rates Hit Two-Year High on Capesize Demand
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply
China’s purchases of American soybeans appear to have stalled, less than two weeks after the US touted a wide-ranging trade truce that signaled thawing
T. Parker Host (HOST) has announced the acquisition of Impala Terminals Burnside, a strategic bulk facility located at Mile Marker 169 on the East Bank of the
Costamare Bulkers Holdings Limited (NYSE: CMDB) has entered into a Strategic Cooperation Agreement with Cargill International S.A., marking a significant
Qingdao Beihai shipyard has ordered 10 Everllence B&W 7G80ME-LGIM engines for the construction of 10 Very Large Ore Carriers (VLOCs) with a capacity of
Genco Shipping & Trading Limited (NYSE:GNK), the largest U.S.-headquartered drybulk shipowner, has closed a $600 million revolving credit facility that
Three NYK Group shipping companies are set to merge into a new entity called NYK Bulkship Partners Co., Ltd. The integration, scheduled for January 2026, will
The dry bulk shipping sector is experiencing a resurgence, with the Baltic Dry Index (BDI) showing improvement and major financial institutions taking notice.
COSCO SHIPPING Development, a subsidiary of China state-owned COSCO Group, has announced a landmark agreement for the investment, construction, and leasing of
By Maximilian Heath BUENOS AIRES, Aug 12 (Reuters) – Grains shipments out of Argentine ports are normalizing after the government ordered
By Abdel Latif Wahba and Áine Quinn (Bloomberg) — An Egyptian wheat ship has been allowed to sail after waiting three weeks for the correct paperwork,
Star Bulk Carriers Corp. (Nasdaq: SBLK) announced the completion of its merger with Eagle Bulk Shipping Inc., creating the largest US-listed dry bulk shipping
Multinational mining corporation Anglo American has taken delivery of its final chartered LNG dual-fuelled Capesize+ bulk carrier, the MV Ubuntu Liberty. The
Dec 5 (Reuters) – The Baltic Exchange‘s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities plunged on Tuesday,
Dec 1 (Reuters) – The Baltic Exchange’s dry bulk sea freight index gained for the fourth straight week, marking its best week since
Nov 29 (Reuters) – The Baltic Exchange’s dry bulk sea freight index .BADI gained for the fifth consecutive session to hit an
By Ana Mano SAO PAULO, Oct 3 (Reuters) – Brazilian federal prosecutors are investigating transactions involving grains trader Cargill and a
Norwegian shipowner Ocean Yield AS has announced an update on its agreement announced last December to acquire new newcastlemax vessels. Initially, the plan
Bloomberg) — Shipments from a U.S. West Coast terminal that handles almost 20% of the nation’s soybean meal exports have been curbed while damage from
NYSE-listed shipping company Costamare Inc. (NYSE: CMRE) says it has agreed to acquire an additional 21 dry bulk vessels after announcing its entry into the
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