Safe Bulkers chief executive Polys Hajioannou said on Thursday that dry bulk ships will continue to enjoy high freight rates in 2022. And he believes the strong spot market earnings […]
Hong Kong dry bulk goliath Pacific Basin Shipping enjoyed its best first half in 13 years and has resumed a dividend payout amid even better fixtures in July and August. […]
Dry bulk is setting sail for best year since 2010. What a comeback and the longer this rally sticks around, confidence builds in the sector. In the first place only […]
I’ve been holidaying in Provence this month. It has been fantastic, albeit not cheap. The single boulangerie in the village is rammed every day, masked customers forming a sweaty queue […]
Spot rates for handysize bulkers kept their upward momentum on Wednesday as those for the larger assets declined and pulled down the overall market. The handysize 7TC, a spot-rate average […]
US-listed Costamare posted on Wednesday a record profit for the second quarter and first half of this year, while unveiling further bulker acquisitions. Boosted by a red-hot containership freight market […]
Costamare is sitting on ample liquidity that could allow it to expand further, not just in bulkers but in its core business of containerships as well, company management said on […]
Covid-19 and decarbonization are driving a global industrial shake-up that is sending parts of the dry bulk shipping market into overdrive. This is what Nicholas Snowden, head of bulk metals […]
US-listed shipping stocks snapped out of a one-week slump traced partly to further Covid-19 concerns and are now looking to start of earnings season to sustain the momentum. Paced by […]
The dry bulk market could experience one of the best cyclical expansionary phases since 1741 thanks to the lowest orderbook-to-fleet ratio in more than two decades, according to Cleaves Securities. […]
