2020 Bulkers is set for its first day trading on Norway’s Oslo Axess on Friday following an approval by the Oslo Stock Exchange for the listing.The dry bulk shipowner said the Financial Supervisory Authority of Norway has approved its prospectus...
The global shipping market still has “a way to go” before it can claim a well-grounded recovery even though supply growth is in check and trade growth is positive, according to a half-year report by Clarksons Research.The overall ClarkSea Index...
The Baltic Dry Index (BDI) can no longer accurately reflect how the dry bulk shipping market is performing, according to a latest analysis report by Bimco.“Bimco now believes that the BDI cannot be used as a proxy for the dry bulk market as a...
Denmark’s J. Lauritzen has removed 15 bulk carriers from its fleet amid a weak shipping market marked by low freight rates across all dry bulk vessel sizes.
Jinhui Shipping and Transportation (Jinhui Shipping) has terminated a deal to purchase a supramax bulk carrier from Greece’s Chartworld Shipping Corporation due to late delivery by the Greek shipowner.
An increasing number of capesize newbuilding deliveries is posing a serious threat to the already fragile market balance, even as demolition rates have increased, according to a latest analysis by Bimco.
The dry bulk capesize market could be headed for rougher seas on the back of diminishing growth in demand volumes and the still growing capesize fleet, according to Bimco.
