Panamax bulker spot rates have reached their highest point in a month as dry bulk shipping approaches its busy grain season and the boxship market remains hotter than ever. The […]
World-renowned investors Michael Burry and George Soros bought more shares in shipping companies during the second quarter, while Howard Marks’ Oaktree Capital Management continued to reduce its shipping exposure. Legendary […]
Shipping agent sources in Ningbo have ascertained the port’s planned reopening of its Meishan terminal. The aim is for a partial reopening of the terminal from a week today. Meishan, […]
China’s aversion to Australian coal has prompted a record shipment of the commodity from the US, a top miner has claimed. Japanese shipowner Nissen Kaiun’s 181,400-dwt Frontier Unity (built 2012) […]
Capes cracked the $40,000 mark for the second time in three months yesterday with a favorable forward outlook suggesting the ceiling is still some way off. Brazilian mining company Vale […]
Shares of Scorpio group backed Eneti have been among shipping’s top gainers for a second straight week as the company’s profile as a player in wind turbine installation vessels (WTIVs) […]
Nearly 230 bulk carriers totaling 15.7m dwt are at anchor at key northern Chinese ports waiting to discharge, as the rising congestion keeps freight rates for bulk carriers shipping coal, […]
The container shipping sector waits with bated breath to find out whether the closure of the Ningbo Meidong Container Terminal will be confined to just a few days or will […]
Analysts at international ship owning organization BIMCO have attempted to answer the question many in dry bulk have been pondering all year – whether the sector is entering a super […]
There is still no indication when operations at a container terminal in the world’s largest port will resume following a single Covid outbreak earlier this week. The Ningbo Meishan Island […]
