New York-listed Eagle Bulk Shipping is being linked to the purchase of a scrubber-fitted ultramax bulker for a price that suggests further confirmation of values sagging off their market peaks […]
The panamax bulker market had a good day on Tuesday thanks to supply constraints and grain expectations out of the Americas, while the rest of dry bulk shipping lost some […]
What is the best way for investors to put a value on shipping stocks? At a time that the dynamics of listed companies are in a state of flux the […]
While we have remained bearish for much of the global economy and certainly for the steel market outside of China, one positive issue that we have continued to stress in […]
The most recently released data as of September 4th shows that the daily coal burn rate at China’s six major coastal power plants has come in at only 861,000 tons. […]
Goldman Sachs appears to have broadened its shipping interests by revealing holdings in John Fredriksen’s Frontline and seismic survey player Magseis Fairfield. Filings made to the Oslo stock exchange state […]
Q2 results for global liner shipping have surpassed what has ever been reported by any company in the historically low margin transportation sector, according to a new report from container […]
Two vessels involved in the Ukrainian grain export trade have suffered delays in Turkey’s Bosporus strait. The engine of the 6,900-dwt Cook Island-flag multipurpose Briza (built 2003) failed at around […]
A second capesize has been reported sold for demolition in the span of three weeks, suggesting that underwhelming earnings for such ships may yet provide work for underemployed scrapyards. Cash […]
CMA CGM, the world’s third-largest container line, posted record profits for a sixth consecutive quarter but warned of an “already perceptible” decline in consumer spending that would lead to a […]
