Guesses made by Clarksons’ clients last year as to the extent of rises in the shipbroker’s ClarkSea Index of key rates have proved way off the mark. It seems nobody […]
Grindrod Shipping, the Singapore-based bulker owner, has become the latest shipowner to reward its shareholders with its first substantial dividend. The Nasdaq-listed shipowner said it will payout 72 US cents […]
Star Bulk Carriers swooped into the time charter market to lock in some of its fleet before the dry bulk market took a dive, the New York-listed bulker owner has […]
A potential revival in dry bulk freight markets can be summed in three words according to Simpson Spence Young (SSY): coal, controls, and queues. The shipbroker said this year’s soaring […]
Diana Shipping has exceeded analysts’ earnings expectations in a dry bulk sector that hit record highs during the third quarter. But the Greek bulker owner has pushed back when it […]
New York-listed Star Bulk Carriers was able to beat analyst expectations both on its touted shareholder dividend and on profit in a record third quarter. The world’s largest bulker owner […]
Freight markets for supramax and ultramax bulkers have seen a marked downturn over the past few weeks, but Belships should be able to keep returning cash to shareholders, according to […]
Red-hot bulker markets and an aggressive vessel acquisition strategy have helped Jinhui Shipping & Transportation shareholders post a set of stellar third-quarter results. The Oslo and Hong Kong-listed supramax specialist […]
Replacing the current merchant fleet of 100,000 vessels with zero-emission tonnage may not be complete until the 2040s, according to Danish Ship Finance. The lengthy process would have to factor […]
Germany’s Hapag-Lloyd has reported the most profitable quarter in its history. Profits soared tenfold to €2.83bn ($3.23bn) in the third quarter of the year, compared with €252m in the same […]
