Despite the fall in activity in the S&P market for dry bulk carriers compared to 2017, prices have continued to edge higher.
News ID: 78797 Publish Date : 2018/04/19
As of early January 2018, the 10 largest breakbulk operators by deadweight of multipurpose/project/heavy-lift tonnage combined deployed a fleet of 460 ships, says industry analyst Dynamar. The fleet has a total deadweight of 8,136,000 million tons and an aggregate lifting capability of 147,000 tons. The ships’ average age is eight years.
News ID: 78482 Publish Date : 2018/02/12
The outlook for the global shipping industry remains negative, according to Fitch Ratings, as the rating agency doesn’t expect a material improvement in market fundamentals in 2018 due to lingering overcapacity.
News ID: 77587 Publish Date : 2017/12/08
Freight rates have risen in tandem with the iron ore rally as the commodity powered past the $70 per mt barrier this week. Likewise, the Baltic Dry Index (BDI) rallied to 948 on Wednesday, 20, recording seven consecutive days of increase since recording 820 points on 10 July.
News ID: 75145 Publish Date : 2017/07/23
Bimco released the results of its first-ever shipowner survey on the efficiency of dry bulk terminals around the world.
News ID: 71450 Publish Date : 2017/01/08
Forget about forecasting when dry bulk shipping will recover. The recovery is just not in sight, even if the bottom of the market has passed.
News ID: 69118 Publish Date : 2016/10/26
Cosco Shipping Bulk Co, the bulk shipping arm of conglomerate Coscocs, has been officially established in Guangzhou, China.
News ID: 65888 Publish Date : 2016/06/18