The Baltic Exchange's main sea freight index fell for a second straight week, despite recovering slightly on Friday, as rates for the larger capesize vessel segment weakened.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Australia’s trade surplus rose to a six-month high in December as iron ore exports to China easily weathered diplomatic squalls between the two countries, while coal shipments found new buyers beyond the world’s second-largest economy.China’s…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday as rates for the capesize vessel segment slipped for a ninth straight session.The Baltic dry index, which tracks rates for capesize…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Monday was down at its lowest since early January, as rates weakened across vessel segments.The Baltic dry index, tracking rates for capesize…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped for the fifth session in a row on Thursday, as rates waned for capesize and panamax vessel segments.The Baltic dry index, tracking rates for capesize…
The Baltic Exchange's main sea freight index slipped to its lowest in nearly three weeks on Wednesday, dragged by a drop in demand for the larger capesize vessel segment.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Hong Kong-headquartered dry bulk shipping company Pacific Basin announced Wednesday that Martin Fruergaard will take over as CEO, replacing longtime chief executive Mats Berglund, who has decided to retie. Fruergaard, the current CEO of Danish gas shipping company Ultragas…
BIMCO says the year 2021 has started strongly for the capesize market with 1,427 journeys completed or underway in the first 20 days of the year, a 10.4% increase compared to the same period last year, according to figures from VesselsValue…
Port Milwaukee finished 2020 with its highest annual cargo volume in the past seven years.Despite the unusual year's historic and unprecedented difficulties, including pandemic- and flooding-related challenges, overall tonnage for the municipal…
Proman Stena Bulk Ltd confirmed that steel cutting has commenced for its state-of-the-art IMOIIMeMAX methanol-fuelled 49,900 DWT vessel Stena Pro Patria, which is due for delivery in early 2022. Stena Pro Patria will be the first of the three…
The Baltic Exchange's main sea freight index dropped on Monday, as weaker rates for the larger capesize segment offset gains in panamax and supramax vessel rates.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
The turbulence of the past year has in many ways clouded the underlying fundamentals in the dry bulk shipping market, but with 2020 now behind us, we are in a better position to establish an overview of expectations for 2021. Overall, total…
The North Carolina State Ports Authority announced it is expanding capabilities to better support the North Carolina agriculture industry through a partnership with Scoular.North Carolina Ports on Tuesday received approval from the North Carolina…
China's effective ban on imports of Australian coal is forcing a realignment of flows between the world's two biggest importers and two largest exporters.Indonesia and Australia dominate the global seaborne coal trade, with the Southeast Asian nation tops in thermal coal…
The Baltic Exchange's main sea freight index rose to its highest since October last year as capesize rates continued to firm.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 88 points, or 5%, to 1,849…