Industry Sectors:Dry Cargo

Dry Cargo

The Baltic Dry Index (BDI) continues to be battered by falling freight rates, dragging itself through another week of sub-1000 point action.
Though the rate of growth of the world fleet has slowed over the past seven years it is still considerable, and is often the case when something to do with…
“Nervousness” has set into the freight market, sending the Baltic Dry Index (BDI) to fall off the 1,000 point mark again.
Thoresen Shipping Singapore has purchased an 11-year-old supramax bulk carrier at a price of $7.9m as part of the shipowner’s ongoing fleet renewal plan.
Liquidity problems for shipbuilders and shipowners have played into the hands of the cash rich says Seasure Shipbroking's VesselsValue (VV) platform and has resulted in a flurry of orders this…
Qatar’s Milaha has set its sights on small and medium sized businesses with the launch of a door-to-door shipping service between Qatar and UAE. 
Pan Ocean has reported a 55% year-on-year plunge in first quarter profit despite a rise in revenue, due mainly to the absence of a one-off gain recorded for the year-ago…
It is hard to break the chain-links between the dry bulk markets from the general health of China’s economy. In common with a lower China Purchasing Managers' Index (PMI) seen in…
China’s Chengxi Shipyard has on Thursday landed an order to build four 81,200-dwt bulk carriers for Korea Shipping Corporation.
Navios Maritime Partners has announced a $31.05m acquisition deal for a secondhand South Korea-built capesize bulk carrier that comes attached with a charter contract until 2018.
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