The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the first time in seven sessions on Tuesday, following a rebound in capesize rates. The overall index, which factors in rates for capesize…
Dry bulk shipper Cargill said it is partnering with four NGOs to advance sustainability initiatives and increase accountability across the ocean shipping industry.The company said it has aligned with the Global Maritime Forum, the Maritime Anti-Corruption Network…
The Baltic Exchange's main sea freight index slipped to its lowest level in nearly six months on Monday, weighed down by falling rates in all vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…
The Baltic Exchange's main sea freight index, ended the week over 10 percent lower on Friday, as rates fell across all vessel segments, pushing the index to near 6-month lows. The overall index, which factors in rates for capesize, panamax…
Greek dry bulk owner Goodbulk announced that in January it took delivery of two Capesize vessels and sold another one Capesize. The Company took delivery of the Aquaproud, a 2009 built Capesize vessel of 178,057 dwt built by Shanghai Waigaoqiao Shipbuilding (SWS)…
Canada's biggest grain terminal on a throughput basis plans to open at Port Metro Vancouver in 2019, nearly one year ahead of schedule, the chief executive of grain handler G3 Canada Limited said on Friday. The terminal, capable of handling…
The Baltic Exchange's main sea freight index fell on Wednesday as rates fell across vessel segments with the capesize index recording its biggest monthly percentage decline in two years. The overall index, which tracks rates for ships carrying dry bulk commodities…
Wheat from Pakistan wheat has been sold to overseas buyers after the country started a new state export incentive program, European traders said on Wednesday.Around four shipments of Pakistani wheat have been sold with two shipments said to be going to Kenya…
Ningbo Marine Co Ltd: * Says it sees net profit for FY 2017 to increase by 70 percent * Says the net profit of FY 2016 was 88.4 million yuan * Comments that increased waterbailage income and toll related income of unit as main reasons for the forecast
The Baltic Exchange's main sea freight index fell for the second straight session on Tuesday, weighed down by lower rates across vessel categories. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels that ferry dry bulk commodities…
The ailing U.S. coal industry is ramping up its political and legal offensive to win approval for West Coast export terminals that could provide a lifeline to lucrative Asia markets. Coal producers filed two recent lawsuits against governments…
Ivory Coast exported 701,034 tonnes of natural rubber in 2017, up more than 31 percent from the previous year, provisional port data showed on Tuesday. Ivory Coast, the world's top cocoa producer, is also the leading producer of natural rubber in Africa…
Olympia GR, a 61,222 DWT Ultramax dry bulk carrier, has been successfully delivered to M/Maritime Corp from Shin Kurushima Toyohashi Shipbuilding Co. Ltd. Recently, the clients of M/Maritime Corp. signed two shipbuilding contracts for the acquisition of two 60…
The Baltic Exchange's main sea freight index inched lower on Monday, ending a five-day winning streak, as rates for panamax and smaller vessels eased. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels that ferry dry bulk commodities…
Chinese iron ore futures fell to their weakest level in a month on Monday as demand for the steelmaking commodity remained slow in the world's top buyer, keeping stocks at its ports near a record high. Arrivals in China were also sustained…