Yards told to reduce prices for new capesizes by a third
CAPESIZE newbuilding prices will need to drop by almost a third before some dry bulk companies are prepared to part with their cash, according to one prominent Asian owner.
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Gloomy fourth quarter looms for tanker sector Crude exports up 6% Wet trades
IF tanker derivatives trading is anything to go by, expectations of a stronger finish to the year for the crude sector are diminishing. Traders are betting...
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Shorter term ore pricing could increase volatility
MOVES towards shorter term iron ore pricing would increase volatility in the dry bulk market, especially for capesizes.
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Capesizes propped up by improving China market sentiment
CAPESIZE rates are climbing steadily, driven by sentiment that China’s hunger for iron ore in the fourth quarter will re-emerge and push up import demand...
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Angelicoussis moves chartering desk to Athens
ONE of the world’s largest owners of capesize bulk carriers has shifted its dry cargo chartering operation to Greece after several decades in London,...
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Grand China Logistics to enter ship leasing
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Order surge unsustainable, says broker
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August sees 22% drop in time charter fixtures...
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News in Brief
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Indian ore export ban prompts ships to...
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Exchange to report during Asian hours
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Guangxi port group orders six ships
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Chang Jiang inks Yangtze coal deal
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Baltic Dry Index could fall to historic low...
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Chinese iron ore buying frenzy boosts...
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Saudi tanker company NSCSA ventures into dry...
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Smaller ships dominate secondhand dry bulk...
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Restis family to increase holding in Seanergy...
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News in brief
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Congestion set to boost dry bulk sector
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Fortescue announces 44% increase in iron ore...
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