Red hot tanker newbuilding prices cool as momentum ‘takes a breather’
Shipbroker argues momentum in new ship values to take a breather, but secondhand market has upside
Swedish Club reports 30-fold increase in paperwork to meet Russia oil cap demands
Protection and indemnity provider reports impact of changes to a system described as ‘flawed’ by international group
Rare aframax fixture emerges as Canada opens Trans Mountain pipeline
Suncor said to have booked first tanker to ship crude using new Vancouver berths
China overtakes Japan in April as Australia’s top coal market
Australia shipped more coal to China than Japan in April, the first time this has happened in any month in…
Iron ore down on pre-holiday risk-off, but posts best monthly gain since June 2023
Iron ore and steel futures fell on Tuesday amid risk-off sentiment ahead of a Chinese public holiday, but most contracts…
Stronger Market Boosts Safe Bulkers First Quarter 2024 Results
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three month…
Cargill expects busy Brazil grain exports in second half of year
Brazil’s grain exports will pick up in the second half as soy and corn supplies increase despite a drought in…
Baltic index slips for 6th day on weaker vessel rates
The Baltic Exchange’s dry bulk sea freight index fell on Monday, hurt by weaker demand across all vessel segments, with…
Iron ore retreats on weak Chinese industrial data
Iron ore futures prices fell on Monday after weak industrial data in top consumer China and the completion of of…
Drewry Dry Bulk Equity Index Down 3.9% Last Month
In March, the Drewry Dry Bulk Equity Index declined 3.9% and underperformed the S&P 500, which rose 2.3% during the…