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…
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…
Baltic index edges up on gains in larger vessels
The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax…
Baltic index steady as gains in capesize offset lower rates for smaller vessels
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, was mostly unchanged on Tuesday…
Bibby Marine orders electric SOV from Spanish builder
Bibby Marine Services has placed an order for a new service operation vessel (SOV) to be built by Spain’s Astilleros…
Alaska tour operator acquires fast catamaran
Phillips Cruises and Tours of Anchorage, Alaska recently took delivery of a new fast aluminium catamaran built to a design…