Spot rates across dry bulk shipping on Thursday continued a steady ascent in a sector that has been quite volatile for some time. The Baltic Dry Index (BDI) has been […]
Several positive fundamentals are in place these days that spell a very promising word for shipping, according to an analyst: super cycle. BTIG’s Greg Lewis laid out essentially a perfect […]
Norwegian owners of large and small bulk carriers are positive about the market’s prospects in the short to mid-term. Golden Ocean’s chief executive Ulrik Andersen said that demand was expected […]
Rates for capesize bulkers should hit around $40,000 per day next month and then stay there for three months amid a firm spot market sustained by strong fundamentals, industry experts […]
The IMO has agreed that ships must reduce their annual carbon dioxide intensity by 2% annually from 2023 until the end of 2026, but with strong criticism from some of […]
Dry bulk and containership owners are continuing their rampant run in US stock trading, helping to lift shipping to a strong first half of 2021. Those trades gained 15% and […]
Listed global carriers recorded a combined $16.2bn in operating profits in the first quarter this year, with seven of the 10 carriers recording EBIT of over $1bn in the three-month […]
Investor and shipowner Tor Olav Troim is launching another bulker company, Himalaya Shipping, which has ordered up to 12 LNG-fueled Newcastlemax ships at New Times Shipbuilding. Firm orders have been […]
Tor Olav Trøim is getting back into dry bulk, saying he sees similarities between today’s market and the super cycle days of 2003 to 2008. Trøim is creating Himalaya, a […]
The enormous strains felt by retailers in the US, struggling to get stock on their shelves, has taken an extraordinary turn with one of the biggest names on the American […]
