Ida made landfall in south-eastern Louisiana on 29 August as a Category 4 hurricane, wreaking havoc across the state and causing power and water outages that may persist for weeks. […]
China’s 49.2 manufacturing PMI indicates falling activity in August, but is not yet a cause for concern, according to Bimco. The latest reading of 49.2 shows the first contraction in […]
Both Braemar ACM and Alphaliner have identified Star Bulk of Greece as one of the first cape owners to receive class approval to fix one of its 175,000 dwt capesizes […]
Shares in Mitsui OSK Lines (MOL) and NYK Line have been boosted after a top Japanese investment bank predicted that healthy container rates would continue well beyond the Covid-19 pandemic. […]
Golden Ocean Group is actively looking at how its bulkers could be used to carry containers, according to its chief executive. Meanwhile, Star Bulk Carriers has denied it has done […]
The dry bulk market’s decline in spot rates over the past few days may indicate a pending correction after reaching levels last week not seen in a decade, market watchers […]
Brazilian iron ore shipments approach 36 MMT per month mark Brazilian iron ore shipments have remained firm as August has progressed and are likely to settle just under 36 MMT. […]
Dry bulk tonnage is being sold at double the price since the beginning of the year as buyers anticipates strong upside in freight earnings for the next two quarters. According […]
Leading liner operator CMA CGM has seen profits surge and expects a further improvement later this year. Net income for the French liner operator rose to $3.47bn in the second […]
Coal ports in the Australian state of New South Wales have seen their activity disrupted by bad weather and an outbreak of Covid-19 cases. Queues outside Newcastle number over 40 […]
