Baltic Dry Index (BDI) continued to hold steady above the 1,000 point mark with better rates and more tonnage coming from the Atlantic and West Australia market.
The shortlist for 2019’s Seatrade Maritime Awards Asia has been announced, with the winners to be unveiled on Friday 28th June at Hong Kong’s InterContinental Hotel in Kowloon.
Veteran shipbroker Denis Petropoulos has been elected as the new chairman of the Baltic Exchange Council.
Cosco Shipping Ports Limited and Peruvian mining company Volcan have signed an agreement Monday in Lima to build the $3bn Chancay Multipurpose Port Terminal.
With a single tweet from President Trump, the flames of the US and China trade war had rekindled and rattled the global economy.
Global logistics solutions provider, Pangaea Logistics Solutions, inked contract with Chinese shipbuilder Guangzhou Shipyard International (GSI) to build two post-panamax 95,000 dwt dry bulk carriers plus options for two more…
Brazilian courts have again halted operations at Vale’s Brucutu mine, and the Baltic Dry Index (BDI) has dropped back below the 1,000 points level.