Thailand’s Precious Shipping splashed out $51m on a pair of modern handysize bulk carriers acquired from Njord Shipping of Norway. The Khalid Hashim-led bulker operator revealed the purchase of the […]
All bets are off – liner shipping will now make improved profits over 2021’s record earnings, even in the unlikely event that there is seismic crash in spot earnings in […]
Research by Braemar ACM Shipbroking has thrown up another factor that has added to the oversupply of capesize bulkers and driven down spot rates — ships exiting repair yards in […]
As shipowners’ focus turns to disruption caused by the Ukraine war, Intercargo has warned the effects of the Covid-19 pandemic have not gone away just yet. The bulker association’s chairman […]
London-listed Taylor Maritime Investments (TMI) has switched its focus to longer-term bulker charters in stronger markets. The handysize specialist said five vessels have been fixed on deals lasting between 11 […]
As trade flows continue to change as the Ukraine-Russia war unfolds, we look at how the US has increased shipments to Europe across several dry bulk commodities and what it […]
Corn planting area is now 78% of last year’s levels despite initial official estimated that 30% of the area would be lost. Market participants estimate the corn crop to range […]
Russia has signaled it is willing to allow bulkers to resume grain shipments from Ukraine. The government will provide a humanitarian corridor for vessels carrying food in return for the […]
Worrying first-quarter earnings at South Korean shipyards indicate they are struggling to cope with the recent doubling of steel and other major shipbuilding costs. The three leading yards reported big […]
Dry bulk shipping’s capesize and panamax spot markets have weakened since Monday, perhaps heading into correction after rallying over the past several weeks, market watchers said. The Baltic Exchange’s capesize […]
