Now is a good time for owners of supramax bulk carriers, for which spot rates have reached some of the highest levels seen since 2008. Day rates as high as […]
This week is set to be a gauge of how far dry-bulk shipping has benefitted from the commodity boom as some of the world’s biggest public bulker owners reveal their […]
Congestion in China jumps as restrictions imposed Bulk carrier congestion in China hit a 5-year high of 50.5m dwt over the weekend, rising by 24% YoY as new restrictions were […]
Stronger bulker markets have helped Diana Shipping to beat analysts’ estimates and record its first profit in seven consecutive quarters. The New York-listed bulker owner reported net income of $2.8m […]
AP Moller-Maersk has revised its full-year guidance for 2021 upwards, with its underlying Ebitda now expected in the range of $18bn to $19.5bn. Earlier guidance from the Danish liner giant […]
Congestion at ports around the world has eased slightly but not as much as had been hoped and is still an everyday reality for the global dry bulk fleet. Bulker […]
Smaller bulk carriers are continuing to gain momentum as strong demand for commodities and fleet inefficiencies lead to tonnage tightness. The average weighted supramax time charter on the Baltic Exchange […]
China is increasingly looking to countries such as India, Canada and even Peru as it attempts to wean itself of iron ore supplies from Australia. The country remains by far […]
Germany liner operator Hapag-Lloyd is forecasting a more than threefold increase in earnings this year. The Hamburg-based liner operator has raised its earnings outlook with Ebitda forecast to be in […]
Spot rates for capesize bulkers surpassed the $35,000-per-day mark for the first time in two and a half months on Friday. Brazilian miner Vale, a major charterer of capesizes, has […]
