Major Frontline investor UBS Group has offloaded some of its shares after a big jump in the price this year. The Zurich-based investment bank said in a filing to the […]
Rhode Island-based Pangaea Logistics Solutions is rewarding shareholders after turning yet another profit in a weakening third quarter and significantly outperforming market indices. New York-listed Pangaea jumped its dividend to […]
New York-listed Genco Shipping & Trading rolled to another profit in a softer third quarter and continued to build on its new high-payout dividend model. The John Wobensmith-led company is […]
1,346 new daily coronavirus cases were reported in China today, which marks the largest amount seen since April 30th. Cases have still not peaked and have now gone into the […]
Canadian grain exports pick up in October, following successful wheat harvest According to AXS vessel tracking, Canada exported 4.7 MMT of Agri bulk on bulk carriers in October, an increase […]
Trading in capesize bulkers remains active, but recent deals and market price indices suggest values are continuing to slide for the biggest dry bulk vessels. At least three sale-and-purchase transactions […]
890 new daily coronavirus cases were reported in China today, which marks the largest amount seen since May 1. Cases have not peaked, and we continue to urge caution if […]
Norden made more money out of dry cargo than tankers during the third quarter but will begin to adapt its plans as the tanker sector strengthens and macroeconomic conditions remain […]
China holds the key to dry bulk shipping’s fortunes, according to the head of Thai owner Precious Shipping. Although China’s Purchasing Managers Index was at 49.5 during the third quarter, […]
Diana Shipping has signed a trio of time-charter deals amid continued signs that period rates are eroding. The New York-listed company said it signed charter deals that lock in about […]
