Dry bulk rates and the shares of bulker owners have continued to slide on concerns about China’s reduced steel production. Iron ore futures traded back below $100 a ton on […]
Denmark, the United States and 12 other countries on Monday at the COP26 climate summit in Glasgow backed a goal to reduce shipping emissions to zero by 2050, something that […]
Handysize bulk carriers have been the stars of 2021, with rates hitting their highest levels since mid-2008. Despite rates falling off a little in recent days, fleet employment remains high […]
The third-quarter bull market for capesize and panamax bulkers has helped GoodBulk post its best-ever quarterly result, topping the company’s record from the previous three months. The bulker owner is […]
Seanergy Maritime Holdings’ earnings have grown by almost six times in a capesize bulker sector that saw the highest rates in more than a decade. The New York-listed capesize owner […]
AP Moller-Maersk has made more profit in just three months than it previously made in a year, according to chief executive Soren Skou. And the world’s largest liner operator is […]
With third-quarter earnings season set to open in earnest this week, investors will get a choice between rates strength and market momentum as they pick through the three principal operating […]
Bangkok owner Thoresen Thai Agencies (TTA) plans to sell debentures worth up to THB 2bn ($60m) as it clears away other maturing debt. The bulker and offshore support vessel owner […]
Traffic along the Yangtze, China’s longest river and a massive source of cargoes both domestically and for export, is worsening. According to analysts at Singapore’s Eastport Research, traffic is backing […]
China’s coal mines were required by the central government to boost output as an energy shortage across the country has seen millions of homes and businesses hit by power cuts […]
