Shipping’s graveyard is littered with the carcasses of companies that found themselves with too much debt at a time when market cycles turned against them. Restructurings, bankruptcies, and liquidations have […]
Low supply growth is likely to be a driver of the dry bulk market next year, according to Arrow Shipbroking. New deliveries are expected to slow significantly over the next […]
Taylor Maritime Investments (TMI) expects the buoyant bulker market to last another two to three years. Continued strength in its main handysize niche will be supported by the favorable combination […]
Ratings agency Fitch Ratings has maintained its neutral outlook for shipping in 2022 despite strong bulker and container ship markets, and the prospect of a recovery for tankers. The company […]
More than 140 bulk carriers of 15,000 dwt and over are at anchor off Indonesian coal exporting ports as fresh quarantine restrictions lead to loading delays and rapidly escalating congestion. […]
Average Capesize TC rates fell by $6,289 today to $32,838 per day today. This marks a fall of 16% session-on-session, the largest percentage fall since May last year. Despite this […]
2021 has been “frenetic” yet “fantastic” for Trafigura’s dry freight desk, according to its chief, who thinks the hectic, yet lucrative, trading conditions will continue next year too. Alan Cumming […]
London-listed Taylor Maritime Investments (TMI) has become the biggest investor in Singapore bulker rival Grindrod Shipping as it sells its first ships. The Ed Buttery-led owner is spending $77.9m on […]
Car carrier owners are steering their way towards big profits in the coming years as fleet growth remains very low. Clarksons Platou Securities believes between 100 and 200 new vessels […]
Analysts at Braemar ACM have run the rule over the year in dry bulk, where earnings hit highs not experienced for 13 years, with soaring demand for all manner of […]
