Bulk Carriers News


COSCO Pilots Digital Document Sharing for Dangerous Goods

Jan 20, 2025

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable global trade, has announced that it has launched a new pilot to enhance the digital sharing of documents and certificates for dangerous and critical cargo transportation…

Charcoal to be Treated as Dangerous Cargo

Jan 19, 2025

In response to a series of devastating fires caused by improperly handled charcoal, shippers should be ready to see carriers phase in new tighter regulations this year, says the World Shipping Council, ahead of mandatory IMO regulations in 2026…

Baltic Index logs second straight weekly drop

Jan 17, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week low on Friday and marked a second straight weekly fall as rates across all segments weakened.The index, which factors in rates for capesize…

Baltic Index sags again, dragged down by capesize, supramax rates

Jan 16, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates across the capesize and supramax segments.The index, which factors in rates for capesize…

Baltic Index dragged lower across all sectors

Jan 15, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower for a second consecutive session on Wednesday, dragged down by weaker rates across all vessels.The index .BADI, which factors in rates for capesize…

Baltic Index snaps three-session winning streak

Jan 14, 2025

The Baltic Exchange's dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session gaining streak on Tuesday, as rates declined across all vessel segments.The index, which factors in rates for capesize…

Capesize carries Baltic Index to One-month High

Jan 13, 2025

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a one-month high on Monday on the back of higher capesize rates.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Baltic Index Gains Again on Capesize Strength

Jan 10, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Friday, steered by strong gains in the capesize vessel segment.The index, which factors in rates for capesize…

Industry Praise for Outgoing INTERCARGO Chair

Jan 09, 2025

Leading figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios, who concluded his chairmanship of the International Association of Dry Cargo Shipowners (INTERCARGO) on 31 December 2024 after six years of distinguished leadership…

All Segments Decline as Baltic Index Sags

Jan 08, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped to a more-than-17-month low on Wednesday, hurt by falling rates across all vessel segments.The index, which factors in rates for capesize…

Great Lakes 2024 Iron Ore Trade Dips 2.5 PCT

Jan 08, 2025

Shipments of iron ore on the Great Lakes totaled 4.6 million tons in December, a decrease of 4.5 percent compared to a year ago. Shipments were just slightly above the 5-year average for the month.The year-end total for the iron ore trade stands at 49…

Baltic Index Falls Again as Capesize, Supramax Disappoint

Jan 07, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended declines on Tuesday, hurt by falling rates across the capesize and supramax segments.The index, which factors in rates for capesize…

Baltic Index Snaps 5-session Winning Streak

Jan 06, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its five-session winning streak on Monday, pressured by weaker rates across capesize and supramax vessel segments.The index…

Great Lakes Limestone Trade Down in 2024

Jan 03, 2025

Shipments of limestone on the Great Lakes totaled 28.3 million tons in 2024, a decrease of 3.9 percent compared to 2023.  2024’s loadings were below the trade’s 5-year average by 2.9 percent.Loadings from U.S. quarries decreased 3.4 percent from the prior year to 22…

Large Vessel Rates Firm, Baltic Index Rises

Jan 03, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth consecutive session on Friday, aided by firm capesize and panamax vessel rates.The index, which factors in rates for capesize…

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