Pacific Basin Shipping saw its 2016 net loss widen to $86.5m from $18.5m previously as record low dry bulk market conditions significantly undermined its ability to generate satisfactory results and […]
Greek owners have shown a big appetite for resale and secondhand bulkers in the past week, with some analysts saying this may reflect anxiety to act before prices rise to […]
Operators of smaller dry bulk carriers are set to be the biggest winners as the rise in grain shipments is expected to keep handysizes to supramaxes busy, with a large […]
Something is not quite adding up in China’s iron and steel markets, with the reasons for the current rally in prices for both commodities jarring uncomfortably with actual data. Iron […]
CHINA suspended coal imports from North Korea for a year from February 19, 2017 — a development bulker owners hope may translate into more shipments from other producers such as […]
China’s steel mills and traders were scrambling to find alternative supplies of coking coal for steel making on Monday after Beijing slapped a surprise ban on coal imports from its […]
China’s suspension of seaborne coking coal imports from North Korea would be positive for the dry bulk shipping market as more coking coal would have to be sourced from further […]
It has now been over 27 months since the sudden collapse of Denmark’s OW Bunker. For maritime lawyers in the United States, particularly in New York, it has been ‘the […]
With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017 onwards, according to the latest edition of the Dry Bulk […]
Clarksons expects dry bulk trade to increase by 3.8% year on year in 2017, building on the sector recovery from late last year amid an unexpected rise in Chinese demand […]
