Better days are coming back again for freight markets with spot iron ore breaking the $80 per tonne barrier, supported by strong steel demand or it is a bubble waiting to be burst?

As the year draws to a close, the final chapter for freight market remains unfinished - whether it will end as a success story or wrap up like a Greek tragedy after a tumultuous start in 2016.

John Fredriksen’s Golden Ocean has delayed the delivery of six capesize newbuildings as it reports a $107.5m first half loss.

Concerns have been raised over the detention of the Hong Kong-flagged capesize bulker Five Stars Fujian which is being held under detention by the Australian Maritime Safety Authority (AMSA) off the port of Gladstone, Australia for breaches of the...

Declining volumes of iron ore shipments this year combined with a continue growth in the supply of ships spell bad news through to 2018 for the already battered capesize market.

The Baltic Dry Index (BDI) is closing in on just 300 points as the run-up to Chinese New Year puts dry bulk freight rates under further pressure.

Norden has exited owning capesizes with the sale of its last vessel in the sector a $14.8m loss.

The Baltic Dry Index (BDI) fell the for the second straight day in 2016 to hit a new low on Tuesday.

Scorpio Bulkers has quit the capesize sector selling five vessels for $167m.

Norden has sold a capesize vessel at a $12m loss.