Dry Cargo

With the wet season in Southeast Asia rolling around again, P&I clubs have been duly reminding its members of the perennial issues in the nickel ore trade.
The capesize market took a hammering throughout the week as the lack of cargoes and tonnage oversupply problem persisted. The under-pressure capesize market pulled the Baltic Dry Index (BDI) to…
Bimco has launched its new electronic editing solution for contracts - SmartCon – at an event in Singapore.
Hubline is keeping up the momentum to transform itself with yet another round of fund raising to raise more money to put itself on a better financial footing and for…
The appetite for newbuildings is evident as we move into 2018, with Greek owners continuing to building on an impressive $4.7bn investment in projects in 2017.
Malaysia’s Hubline is expanding beyond the dry bulk sector it entered in 2016 after exiting the container sector the year before, and looking at opportunities in the liquid bulk segment.
Profit-taking and cyclones have summed up the freight market this week. First, the shippers’ profit-taking continued into the week ended on 12 January 2018 and saw the capesize paper market…
Lausanne-based international shipbroking company IFCHOR has opened a new office in Dubai under the name IFCHOR Middle East, aiming to conduct primarily dry business across the GCC region.
Bahri Dry Bulk has secured SAR360m ($96m) from a Saudi bank to finance four bulk carriers ordered at Hyundai Mipo Dockyard last year.
Already hampered by heavy snowfall across wide swathes of the country last week which affected deliveries of key commodities such as thermal and coking coal and liquefied natural gas (LNG),…
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