Bulk Shipping News


Baltic Index Snaps 10-day Winning Streak

Sep 05, 2019

The Baltic Exchange's main sea freight index fell on Thursday, breaking a 10-day winning streak, as rates for capesize vessels eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 19 points, or 0.8%, to 2…

PORT PROFILE: Big Baltimore

Sep 03, 2019

The Port of Baltimore is poised to muscle its way into the nation’s elite top 10 ports. How that happened really isn’t hard to understand. That’s because what comes next will be the dividend of many years of focused planning.The Port of Baltimore…

Creative Approach Keeps Commerce Flowing Amidst Historic Flooding

Aug 28, 2019

Operational changes keep Jerry F. Costello Lock and Dam open for 17 days longer than typical during high water events.While the record flooding in 2019 disrupted barge traffic throughout the inland waterways in the Midwest for extended periods this spring and summer…

Baltic Index Soars to 5-1/2 Year High

Aug 28, 2019

The Baltic Exchange's main sea freight index rose to its highest since December 2013 on Wednesday, pushed by strong demand across all vessel categories, with the panamax index hitting an eight-year high.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…

Interview: Todd Fuller, President, Associated Terminals

Aug 23, 2019

Associated Terminals runs an impressive mid-stream cargo handling operation on the Lower Mississippi River, unloading bulk carriers with high-efficiency cranes loading a carousel of barges. Maritime Reporter & Engineering News/MarineLink.com spent some time with Todd Fuller…

Baltic Index at 4-week Peak on Broad Support

Aug 22, 2019

The Baltic Exchange's main sea freight index rose to its highest in more than four weeks on Thursday, lifted by strong demand across all vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, gained 57 points…

Baltic Index Down on Lower Capesize, Panamax Rates

Aug 20, 2019

The Baltic Exchange's main sea freight index fell for the second straight session on Tuesday, hurt by softer demand for the capesize and panamax vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 0…

Baltic Index Snaps 7-day Win Streak as Capesize Drags

Aug 19, 2019

The Baltic Exchange's main sea freight index fell on Monday, breaking a seven-day winning streak as rates for capesize vessels eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 21 points, or 1%, to 2,067 points…

USDA Sees bigger-than-expected U.S. Corn Crop

Aug 12, 2019

The U.S. corn harvest will be bigger than previously forecast, the U.S. Agriculture Department said on Monday, as the government issued a surprise boost to its outlook despite concerns about a wet spring and dry summer.For the 2019/20 crop year…

Softer Capesize Demand Drags Down Baltic Index

Aug 06, 2019

The Baltic Exchange's main sea freight index fell for an eleventh straight session on Tuesday to nearly one-month lows, pushed down by lower rates for capesize vessels due to sluggish demand in both Atlantic and Pacific regions.The Baltic index…

Weak Iron-Ore Demand Weighs on Baltic Index

Jul 31, 2019

The Baltic Exchange's main sea freight index fell for a seventh straight session on Wednesday, as demand for shipping iron-ore fell in the Atlantic.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 1.6%, or 31 points…

Baltic Index Dips as Panamax Rates Slide

Jul 29, 2019

The Baltic Exchange's main sea freight index fell to a more than two-week low on Monday, weighed down by weaker rates for panamax vessels.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 0.8%, or 15 points, to 1…

China: U.S. Shipped 'several million tonnes' of Soybeans

Jul 29, 2019

The United States has shipped several million tonnes of soybeans to China since the two country's leaders met in June, Chinese state media said on Sunday, ahead of fresh trade talks in Shanghai this week.Chinese companies have made inquiries about buying U…

Baltic Index Propelled Again by Capesize, Panamax Demand

Jul 17, 2019

The Baltic Exchange's main sea freight index rose on Wednesday, driven by demand for capesize and panamax vessels.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 2.6%, or 53 points, to 2,064, its highest since January 2014…

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