Zim reported record results for the first quarter of 2022 and raised its guidance for the whole year. The Israeli container line made net income of $1.7bn, compared with $590m […]
EuroDry sees market uncertainties driven by the pandemic, the war in Ukraine and pending environmental regulations as the perfect circumstances in which to keep growing its dry bulk fleet. While […]
Vega Bulk Carriers has built its owned fleet up to three vessels since its shipowning debut last year and plans to make it five before the start of summer. Dubai-based […]
Vale has said it is happy to help China develop new sources of iron ore but is currently focused on restoring its existing production volumes. “This is obviously an extremely […]
Wood biomass trade continues strong growth in April Bulk carriers discharged 6.3 MMT of wood chips and pellets in April, up 21% YoY, the highest ever level of monthly imports. […]
The biggest impact to dry bulk shipping has been the war in Ukraine, according to Gary Vogel. The chief executive of Eagle Bulk, which focuses on the supramax and ultramax […]
China’s National Bureau of Statistics (NBS) revealed alarming statistics for April yesterday, with analysts warning similar troubling figures can be expected for May with the country’s aim of an annual […]
Futures for capesize bulkers moved sharply higher on Tuesday as once-rallying spot rates plateaued for a third-straight trading day. Baltic Exchange assessments of the forward freight agreement (FFA) market showed […]
This year’s bulker orderbook is shaping up to be much thinner than those of the last two years as the sector faces a host of headwinds for the rest of […]
In the wake of the Covid-19 pandemic, excited analysts were quick to proclaim a new commodities “supercycle”, forecasting a prolonged period of high prices. While that theory stumbled somewhat as […]
