Although Cleaves Securities has had to lower target prices across all dry bulk stocks because of a weaker demand outlook, it sees upside potential mainly due to limited growth in […]
Cargo owners’ expectations will drive shipping’s decarbonization, according to industry opinion. Michael Parker, global head of shipping, logistics, and offshore at Citi, said the pace of the industry’s transition to […]
The prospects of dry bulk rates in the short to medium term are cause for optimism, with fleet supply ultimately lower than demand growth expectations, according to BIMCO. While fleet […]
US investment giant BlackRock has become the second biggest shareholder in John Fredriksen’s bulker company Golden Ocean Group. A filing to the Oslo Stock Exchange reveals the New York group […]
Major US institutional player Fidelity Investments has slashed its holding in New York-listed Genco Shipping & Trading and Star Bulk Carriers in what could signal reduced enthusiasm for the future […]
Kicking off a new monthly shipping investment column today, Edward Finley-Richardson considers how to play a possible bounce in dry bulk freight rates. CNBC host Jim Cramer ends his daily […]
Cash buyers have bought a pair of capesizes, doubling the number of such vessels heading for demolition since last month, brokers report. According to Clarksons, Greece’s Golden Union is shedding […]
The surprising article in the Wall Street Journal dated 11 September openly discussed the deindustrialization of EU due to the sudden shock of extortion-priced gas/fuel supplies due to the Russia-Ukraine […]
28 vessels totaling 2.1 MDWT delivered in August comprising 2 Capesize, 2 Post Panamax, 7 Panamax/Kamsarmax , 13 Supra/Ultramax and 4 Handysize; to date there has been 20.2 MDWT. On […]
Tor Olav Troim-backed 2020 Bulkers has logged a big reduction in earnings for its newcastlemax fleet during August. The Oslo-listed company has reduced its monthly investor payout as a result. […]
