Inventories at Indian power plants fell back to about 8 days’ worth of generation, and in the Northeast part of the country, stocks fell to 4 days’ worth. The fall […]
Monaco’s C Transport Maritime (CTM) has revealed strong results for its supramax pool over the past six months. Returns from the revenue-sharing agreement (RSA) have averaged 14% above the sector’s […]
The capesize market has been jolted out of a slump, with spot rates reaching a five-month high as the much-anticipated activity from Brazil increased. The average weighted time charter closed […]
The war in Ukraine has wiped millions of tonnes of grain from the market, leaving big questions about how nations in Africa and elsewhere will cope. The turmoil has added […]
Coal is the dirty habit that developed economies are trying to kick — but Russian coal is in as much demand as ever. Electricity demand globally has surged after pandemic […]
Thoresen Shipping continued to make healthy profits in the first quarter despite a significant easing of freight rates during the low season. The Thai-backed supramax bulker specialist reported a net […]
Hong Kong’s Pacific Basin Shipping is stepping up its decarbonization efforts in cooperation with Japan’s Nihon Shipyard and trader Mitsui & Co. The shipowner said the partners will investigate the […]
Germany’s Hapag-Lloyd expects strong earnings to roll into the second quarter but warns that the freight market may have peaked. The world’s fifth-largest liner company had an extraordinarily strong start […]
Belships had its strongest start to the year ever during the first three months of 2022 and has declared its biggest ever dividend to shareholders. The supramax and ultramax owner […]
The ongoing conflict between Russia and Ukraine is boosting the dry bulk market to levels not seen in almost half a year, according to market watchers. The BDI exceeded 3,000 […]
