Dry Cargo

Knightsbridge & Frontline 2012 to merge bulker fleets
Knightsbridge Tankers and Frontline 2012 today announced that they have agreed to combine Frontline 2012's remaining fleet of 25 fuel efficient vessels with Knightsbridge. The newbuildings have expected deliveries between September 2014 and September 2016, with five vessels delivering in 2014, 14 vessels in 2015 and six vessels in 2016.
24/4/2014
India’s Top Court Ends Mining Ban in Goa With Output Limit
India’s top court allowed iron ore miners to resume operations in Goa state after imposing a ban 18 months ago for environmental violations. Goa accounted for about half of the nation’s exports before the halt.
23/4/2014
Capesize rates & DB shippers fall as iron ore prices rise
While the broad market’s weakness might explain part of the recent sell-off in the Guggenheim Shipping ETF (SEA) and dry bulk shipping companies such as Safe Bulkers, Navios Maritime Holdings, Diana Shipping and DryShips, these were also negatively affected by falling Capesize rates.
17/4/2014
Polembros goes for USD24.5 mln bulker secondhand
Polembros have snapped up bulk carrier “Zhushui 5” (79.501/2012), the Fearnleys Weekly Market Report notes. The price reported is USD 24.5 million.
17/4/2014
Greeks invest USD1.96 bln in vessel acquisitions in March
Golden Destiny reports Greek players invested a total of USD 1.968 billion in vessel acquisitions during March 2014 (-123,08% change compared to previous month – A 66% rise compared to same month 2013). A total of 58 units were bought by Greeks with an overall deadweight of 5.865.347.
17/4/2014
Bulkers: Greeks take position for potential upturn

Three capes and one panamax changed hands this week (15) as players are taking position for potential market’s upside; Moundreas of Greece have purchased en bloc cape sisters PACIFIC CHALLENGER & PACIFIC ENTERPRISE (149K BLT 1995/1996 DALIAN/CHINA) for $13 mill each, a level in line with current market.
14/4/2014
Asia Panamax Dry: Pacific bearish; Chinese default on soybean orders
The Panamax freight market in the Pacific remained flat to bearish at the end of the week on reports of more soybean order cancellations by Chinese buyers.
14/4/2014
Paragon Takes Delivery of Handysize Newbuilding; Arrangement of Financing for First 2 Ultramax Newbuildings

Paragon announced today that it has taken delivery of M/V Proud Seas, a 37,227 dwt Handysize vessel, from Zhejiang Ouhua Shipbuilding Co. in China. In addition, the company announced today that it has entered into an agreement with HSH Nordbank AG, subject to final documentation, to partially finance its first two Ultramax drybulk newbuildings, which are expected to be delivered to the Company in the second and third quarters of 2014.
10/4/2014
BIMCO Shipping Market Overview & Outlook - Dry Bulk Demand: While freight rates for Capesize ships have fended off the talk of a slowdown in China in an impressive fashion, rates finally took a
minor hit on the final trading days of March...
10/4/2014
"Challenging outlook for containers, bulkers"
Shipowners will have to continue to operate under challenging conditions in the global container and dry bulk markets in 2014 due largely to the lingering overhang of shipping tonnage, according to South Korean shipowner Hyundai Merchant Marine (HMM).
9/4/2014

Page 1 of 70First   Previous   [1]  2  3  4  5  6  7  8  9  10  Next   Last   




Market Reports

Search

Enter Keyword
Filter by Category