freight rates


Wednesday, January 30, 2013
iron ore australia dry bulk pier darwin
News

Capesize Rates and Iron Ore Prices Decline as Chinese New Year Approaches

(Bloomberg) — Iron ore is poised to decline through the end of March as China, the world’s largest user, has a week-long holiday next month and

January 30, 2013
Total Views: 22

Tuesday, January 29, 2013
BW Luck vlcc
News

BW Group Left Holding the Bag as Saudi Aramco Gets Ridiculous VLCC Charter Deal

(Bloomberg) — Saudi Arabian Oil Co., the world’s biggest state-owned crude producer, booked a tanker to haul a cargo to the U.S. Gulf Coast next

January 29, 2013
Total Views: 58

Monday, January 28, 2013
rio tinto capesize iron ore bulk carrier cape lambert
News

Day Rates for Dry Bulk Ships Fall as Storms Hinder Australian Ore and Coal Cargos

(Bloomberg) — Iron ore and coal shipping costs slid for a fifth day amid speculation storms in Australia are curbing demand for vessels carrying the

January 28, 2013
Total Views: 81

Wednesday, January 23, 2013
VLCC Ovatella shell supertanker
News

Daily Earnings for VLCCs Plunge 76 Percent, Biggest Drop Since September

Jan. 23 (Bloomberg) — Earnings for the largest oil tankers plying the industry’s busiest trade route plunged 76 percent, nearing a reversion to

January 23, 2013
Total Views: 47

Tuesday, January 22, 2013
tanker vlcc supertanker ship shipping
News

Biggest Glut of Supertankers Since September, Day Rates Fall Below $10k

Jan. 22 (Bloomberg) — The glut of supertankers competing for 2 million-barrel cargoes of Persian Gulf oil expanded to the highest in more than four

January 22, 2013
Total Views: 30

Monday, January 21, 2013
sabrina i bulk carrier
News

Pareto Securities: Dry Bulk Shipping Demand to Surpass Fleet Growth

Jan. 21 (Bloomberg) — Demand to ship dry-bulk commodities will exceed fleet growth in the year’s second half as the freight market begins to

January 21, 2013
Total Views: 31

trafigura
News

Trafigura Bullish on Clean Products Sector, Buys Trio of MR Tankers

Jan. 21 (Bloomberg) — Trafigura Beheer BV agreed to buy three medium-range tankers to carry refined oil products such as gasoline, its first purchase of

January 21, 2013
Total Views: 47

k-line lng carrier
Uncategorized

DNB Markets: LNG Price Gap to Boost Ship Rates Through Spring

Jan. 21 (Bloomberg) — The gap between liquefied natural gas prices in Asia and the Atlantic will keep trades between the regions profitable through the

January 21, 2013
Total Views: 21

Friday, January 18, 2013
stx freesia bulk carrier
News

Baltic Exchange Gains Nearly 10% on Capesize Coal Shipments

Jan 18 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose on Friday for a

January 18, 2013
Total Views: 32

Tuesday, January 15, 2013
maersk container
News

Maersk Line: Asia-Europe Container Shipping Unprofitable at Current Rates

Jan. 15 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, said the industry needs to raise prices by as much as

January 15, 2013
Total Views: 172

dht eagle frontline vlcc supertanker
News

VLCC Rates Fall as Ships Compete for Fewer Available Cargos

The surplus of the largest oil tankers available for loading in the Middle East rebounded from a six-week low, according to a Bloomberg News survey. There are

January 15, 2013
Total Views: 61

Thursday, January 10, 2013
lng carrier tanker shutterstock
News

Day Rates for LNG Carriers Are on the Rise

Rates to ship liquefied natural gas are gaining as the gap between prices in Europe and Asia is set to widen throughout the winter. A vessel was booked for

January 10, 2013
Total Views: 34

Tuesday, January 8, 2013
norden panamax dry cargo deck grab coal
News

Norden Positioned to Capitalize on Lower Dry Bulk Freight Rates

D/S Norden AS, Europe’s biggest commodity-shipping company, is betting that transport rates will continue to slump this year, a wager that will help it

January 8, 2013
Total Views: 41

Thursday, January 3, 2013
Baltic Dry Index Turns Black, and Capesize Owners Are Still Eating Ramen Noodles
News

Baltic Dry Index Turns Black, and Capesize Owners Are Still Eating Ramen Noodles

The Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought

January 3, 2013
Total Views: 42

Wednesday, January 2, 2013
savoie vlcc euronav
News

Earnings for Supertankers Fall as Holiday Season Curbs Vessel Demand

Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s benchmark route, fell for a fourth session as the year-end holiday

January 2, 2013
Total Views: 33

zombie shutterstock
News

2013 May Spawn a New Breed of “Zombie” Shipping Companies

Earnings for ships that haul liquefied gases, cars and oil products are most likely to recover this year amid a continued glut of merchant vessels that may

January 2, 2013
Total Views: 41

maersk
Uncategorized

Investors Optimistic on Rising Freight Rates, Maersk Shares Rally

A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in six weeks in Copenhagen trading on bets a deal on the U.S. budget

January 2, 2013
Total Views: 47

Wednesday, August 8, 2012
NOL Receives Six 10,000 TEU Containerships, Posts First Quarterly Profit Since 2010
Finance

NOL Receives Six 10,000 TEU Containerships, Posts First Quarterly Profit Since 2010

(Bloomberg) — Neptune Orient Lines Ltd. said its container-shipping arm, Asia’s third-biggest, had the first quarterly profit since 2010 because of

August 8, 2012
Total Views: 97

Thursday, May 17, 2012
oocl orient overseas container line
News

Orient Overseas Container Line Fights their Way Back to Black

HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates again for container shipments for the north-Europe-to-Asia route

May 17, 2012
Total Views: 45

Tuesday, May 8, 2012
Jinhui Shipping & Transportation Ltd. (JIN.OS)
Finance

Jinhui Shipping Winces Under Low Freight Rates and Demand, Shares Down Over 10%

Norway-listed Jinhui Shipping & Transportation Ltd. (JIN.OS), a ship owner, charter and investment company, Tuesday warned that it expects to record a

May 8, 2012
Total Views: 32