Monday, January 28, 2013
News

COSCO Delivers Pair of Panamax Bulk Carriers, Ecopride G.O. and the Union Mariner

COSCO Dalian Shipyard announced today the delivery of two 82,000 DWT  bulk carriers,  the ECOPRIDE G.O. and UNION MARINER, respectively to its European buyers. The delivery documents were signed by...

January 28, 2013
Total Views: 0

Thursday, January 10, 2013
panamax bulk carrier diana shpping
News

Baltic Dry Index Gains for 6th Day in a Row, Led by Panamaxes

The index climbed 1.1 percent to 751, according to the London-based Baltic Exchange, an assessor of freight costs. Average hire costs for Panamax ships, which comprise about 26 percent of...

January 10, 2013
Total Views: 40

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 return to profit after posting the...

January 8, 2013
Total Views: 0

Tuesday, August 21, 2012
News

Nordon’s Fleet of Handymax Bulkers are Outperforming Ships Twice their Size [REPORT]

(Bloomberg) — D/S Norden A/S, Europe’s biggest commodity shipping company, is poised for a second consecutive quarterly profit after concluding that smaller vessels would earn more than larger ones as...

August 21, 2012
Total Views: 19

Monday, August 6, 2012
diana shipping panamax bulk carrier
News

Panamax Fleet Highest Since 2005, Rates Continue Downward Spiral

(Bloomberg) — Daily rates for Panamax vessels, that typically haul coal and grains, plunged to the lowest in more than eight weeks as a glut of ships swamps the number...

August 6, 2012
Total Views: 1

Monday, July 30, 2012
Tsuru coal carrier
News

Panamax Bookings Take a Dive as Chinese Coal Demand Softens

(Bloomberg) — The number of cargoes booked on Panamax bulk carriers, the largest to transit the Panama Canal, slumped 33 percent in July amid slowing Chinese imports of thermal coal, used for...

July 30, 2012
Total Views: 1

Tuesday, July 10, 2012
coal terminal
News

Shipping Rally Set to Fall off Another Cliff

(Bloomberg) — Record coal stocks at power plants in China, the biggest consumer of the fuel, are threatening to reverse the rally in rates for commodity carriers and diminish returns...

July 10, 2012
Total Views: 1