Ships for free
Zero charter rates confirmed today as dry-cargo pain intensifies.
Precious Shipping hit by poor rates
Khalid Hashim-led owner has full year income cut by the weakening dry cargo market.
Barclays charts dry battle
At least three more years of range-bound pain awaits bulker owners, analyst Jon Windham says.
Iran facing bulker problem
Traders no longer booking Iranian ships to load grain in Ukraine as banks refuse cash transfers.
CSDC lines up management split
Chinese giant forming two subsidiaries to oversee and own bulker and tanker fleets in efficiency boost.
China clarifies valemax port ban
China Shipowners’ Association sheds light on specifics of bulker boycott while Brazilian mining giant breaks silence.
Glencore pushes for Xstrata deal
Ivan Glasenberg-led commodities titan is close to a merger with mining powerhouse.
Downturn does for Daiichi
Japanese bulker owner has reported huge third quarter losses, with worse expected to come later in the year.
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Chartering | Dry cargo
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Losing streak continues with Norden getting a supramax for free. Capesizes:
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Improved Brazil to China capesize rates can’t prevent BDI shedding more points. Capesizes:
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Baltic Dry Index slips a single point below its previous post-Lehman low set in December 2008. Capesizes:
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NS United in profit reverse
Japanese tanker and bulker owner goes from JPY2.4bn profit to JPY1.3bn loss in twelve months.
Tamai Steamship turning it on
Japanese bulker owner sees nine-month profit jump despite revenue drop.
Shipping crisis can be fixed in five years
Shipping can turn the corner in the next half decade if owners use the only trick still open to them, broker says.
Battered BDI hits modern low
Following 31 sessions in reverse the Baltic Dry Index today set a new post-Lehman low water mark.
EA Gibson guys go head to head
Six late entrants from Nigel Richardson-led broking house turn our crystal ball tussle into the battle for bragging rights at Audrey House.
Dragon to breathe some life into BDI
ICAP delivers a history lesson which shows hope for the dry-cargo market given an early Chinese New Year holiday.
New wood chip export high
Volumes from Latin America reach new record in 2011, with mills in Japan and Europe the major destinations.
Hellenic Star chops elderly bulker
Greek owner pockets over $6m from eye-catching Pakistani demolition deal.
Mercator faces cash crunch
Singapore-listed arm of Indian shipowner is hit by a combination of rising costs and declining rates.
China closes VLOC curtain
Beijing blocks Vale’s giant bulkers after months of pressure from domestic owners.
Find love at the Baltic Exchange
With the clock ticking down on our BDI forecasting competition this is your last chance to grab a slice of the action.
Kassian dismisses Deiulemar claim
Greek bulker operator ends legal assault against cash-strapped Italian charterer despite successful US arrest.
Cantor Fitzgerald cuts Paragon rating
Shares of US-quoted bulker owner slide 9% as Wall Street assesses impact of torched Italian charter.
Unwanted dry-cargo record in sight
Baltic Dry Index is now just 39 points from its post-Lehman pit of 663.
Oregon backs coal terminals
Officials with the Port of St Helens have given the green light for two new coal terminals on US west coast.
Kawasaki Kinkai profit curtailed
Japanese bulker and ro-ro owner increased nine-month revenue, but earnings were halved.
Rivals look to catch an edge in Baltic clash
With the BDI in the corridor of uncertainty two competition hopefuls hope cricket can provide a winning formula.
Bulker buyers staying away
Chinese New Year holidays blamed for lack of inspections of Sanko supramax in Japan.
Dry’s luck to change in 2013
Jefferies downs estimates for this year but it believes 2013 could see the market short of ships.
Precious snaps up bulker
Khalid Hashim-led owner has bought an Indian-owned three-year-old handysize for just under $18m.
Paragon shreds Deiulemar contract
US-listed bulker owner poised to pursue legal remedies again Italian operator following collapse of lucrative charter.
Japan steel output set to fall
Bad news from nation’s steel makers translates into more bad news for already weakened dry bulk sector.
Worker killed in hold fall
Crew fought with bare hands to free man from under coal on bulker Excalibur at Immingham.
BM Shipping turns on the torch
Insolvent Italian bulker operator nears market exit as six vintage vessels sail to the scrap pile, brokers say.
Precious sells another newbuilding
Bangkok-listed Precious has offloaded its fifth newbuilding from mammoth ABG order due to delays.
World steel output inches up
Global steel production up nearly 7% in 2011, but capacity utilization levels fall to 18 month low.
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