By Gavin van Marle (The Loadstar) – At least 100 panamax-class containerships need to be scrapped if owners are to see charter rates return to break-even levels, shipping analyst Alphaliner...

Another 7-year-old panamax containership is headed to the breakers, all but solidifying the death of the panamax-class amid global shipping’s downturn and the opening of the expanded Panama Canal. Sources familiar...

by Liz Hampton (Reuters) The first Suezmax crude oil tanker that was slated to go through the newly expanded Panama Canal began its transit on Thursday, a public relations official told...

Asian buyers of ultra light oil from the United States are struggling to find small-sized ships willing to undertake the month-long voyage at affordable rates as U.S.-Asia oil trade flows grow.

Freight rates for the biggest vessels to navigate the Panama canal are poised to slump to a record because of Indonesia’s ban on exports of nickel and aluminum ore, according to an operator of the ships.

By Keith Wallis SINGAPORE June 19 (Reuters) – Rates for capesize bulk carriers on key Asian routes are set to hold steady as charterers maintain leasing activity, even as Asian...

Aug. 27 (Bloomberg) — Near-record agricultural exports are diminishing the capacity glut in grain carriers, boosting rates for Safe Bulkers Inc. and other owners to the highest in almost two...

(Bloomberg) Rates for ships hauling coal and grains posted the longest losing streak on record as the merchant fleet’s largest glut magnified seasonal declines in demand from South America andIndia. Earnings for...

June 3 (Bloomberg) — A freight trader operating more than 40 vessels offered to lease ships for no charter income and pay toward fuel costs as the biggest fleet glut...

(Bloomberg) — Rates to ship iron ore fell by the most in two weeks on speculation steel mills in China, the largest buyer, are using inventories instead of imports to...

(Bloomberg) — Rates for dry bulk carriers hauling grains and minerals fell the most in a single session this year as demand for cargoes slowed. Day rates for Panamaxes, 750-foot-long...

April 5 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, fell on Friday for a seventh straight day on limited activity...

March 26 (Bloomberg) — Rates for Panamax ships carrying grains ended their longest rally in a decade amid speculation demand temporarily declined before holidays starting at the end of this...

By Shrutee Sarkar March 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, firmed for the 18th consecutive day on Friday,...

By Rob Sheridan (Bloomberg) — Rates for Panamax ships climbed to the highest level in almost eight months on increased demand to move grains and oilseeds from South America. Rates for Panamax vessels, the...

March 11 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose on Monday, primarily due to higher panamax rates that were...

(Bloomberg) — The Baltic Dry Index, a measure of commodity-shipping costs, rose to the highest level this year on demand to transport grain cargoes.  The gauge added 1.1 percent to...

Returns for Panamax ships, the main grain and coal carriers, reached the highest in almost two months as the reopening of some Asian offices after holidays and South America’s nearing...

Returns for Panamax vessels that haul coal and other commodities strengthened, nearing a two- month high, on increasing exports of the mineral from the U.S. Gulf Coast. Daily rates rose...

(Bloomberg) — Price arbitrages that make it profitable for traders to ship coal and iron ore to China may become more important in determining ship demand than the nation’s economic...