New York-listed Pangaea Logistics Solutions has chalked up “record breaking” results for the second quarter as it guides to even better bookings in the current market. The Newport, Rhode Island-based […]
Brokers SSY estimate that less than 25% of bulkers and tankers will attain the required level of EEXI under new regulations by the IMO to reduce shipping’s carbon emissions. The […]
German coal-fired power generation has now overtaken gas amidst soaring energy prices in recent months. Futures prices indicate that coal may prove the cheaper option for power generators until 1Q […]
Gary Vogel knew the question was coming. He even said so. “I’m not surprised it’s the first question out of the box,” Vogel said after Jefferies lead shipping analyst Randy […]
Spot rates for capesize bulkers have hit their highest point in three months amid strong fundamentals that may push them even higher — but how high depends on whom you […]
New York-listed Eagle Bulk Shipping achieved its best-ever results in the second quarter although its headline numbers were blunted by non-cash accounting losses on derivatives. The Gary Vogel-led owner became […]
Global brands from Toyota to Nike are being forced to down tools at key production sites in China and Vietnam as the two communist export powerhouses batten down swathes of […]
New York-listed Genco Shipping & Trading has won a $450m refinancing of existing credit facilities in another key element of its new low-debt, high-dividend strategy. The refinancing was one of […]
Shipping will need to start to make contingency plans if cases of Covid-19 continue to escalate in China, the world’s most important nation for shipping movements. The delta variant has […]
Diana Shipping is getting ready to take full advantage of a dry bulk market that, in its view, is about to get much more visible and even stronger — though […]
