Baltic Dry Index has collapsed: Ominous sign for economy?
The Baltic Dry Index has fallen 91% since October 2021 to one of its lowest levels ever, yet shipowners remain confident.
The Baltic Dry Index has fallen 91% since October 2021 to one of its lowest levels ever, yet shipowners remain confident.
Rates and sentiment in dry bulk shipping have fallen hard. Economic pressures in China appear to be a major culprit.
Shares of Zim are flirting with a new peak while shares of ship-leasing, dry bulk and tanker companies lose ground.
Container, dry bulk and tanker stocks are down from recent highs. Temporary setback or something more?
Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.
Extreme measures to contain delta variant create unprecedented backlog of dry bulk ships off China.
Rates for smaller bulkers remain at decade highs with most dry bulk stocks up triple digits since November.
Dry bulk shipping rates are now double to triple five-year averages. Stock prices of dry bulk owners are on the ascent.
The bosses of public dry bulk shipping companies claim that recent market oddities point to good times ahead.
Star Bulk and Golden Ocean have recently acquired almost $1 billion in ships between them as they seek more exposure to the dry bulk market.
It’s not just container stocks rising. Shipping stocks are up for everything from bulkers to tankers to gas carriers.
This has been the best January for dry bulk shipping rates in a decade. Is this the long-awaited turning point or yet another head fake?
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
Another key bellwether — the cost of dry bulk freight — is pointing to an economic recovery.
Dry bulk was riding high just a few weeks ago. Now it’s taking a tumble.
An analysis of daily traded values and volumes of tanker and dry bulk stocks.
Retail stock pickers bet big on tankers. Dry bulk remains less enticing despite rate surge.
The stock market is back to pre-COVID levels. Shipping shares still have some catching up to do.
Coronavirus hit to Brazilian exports is a nightmare scenario for dry bulk — and cases in Brazil are mounting fast.
Good news: Vaccine shows promise. Bad news: Floating storage economics vanish.
Bulker rates are rising, but not yet profitable, and market risks abound.
The second half of 2020 is shaping up to be either very good or very bad for dry bulk shipping.
Dry bulk rates were already terrible — then came the coronavirus, and they’re getting even worse.
Concerns rise that shipping can’t recoup cost of IMO 2020-compliant fuel.
Trade tensions look like they’ll get worse before they get better, a negative for ocean shipping demand.
Brazil’s Vale has cut its iron-ore outlook for the first quarter, but revealed higher-than-expected projections for full-year 2020 and 2021.
Unsurprisingly, listed bulker owners insist fourth-quarter Capesize rate pressure will pass.
Market prognosticators have been saying dry bulk will recover “next year” almost every year for the past decade. Will it finally happen in 2020?
This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.
Dry bulk spot rates have pulled back from recent highs, while trans-Pacific container rates have held their gains.
Tanker major Euronav has revealed new details on its strategy to counter IMO 2020 risks.
The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?
John Fredriksen’s shipping companies are increasing their exposure to IMO 2020 market effects.
Golden Ocean could be a trendsetter, buying a stake in a marine-fuel operation to offset IMO 2020 price and availability risks.
Can listed shipping shares break out of their slump before the U.S.-China trade dispute is resolved?
An exclusive interview with John Kartsonas, the developer of the BDRY exchange-traded fund that tracks bulker rates.
Dry bulk shipping could be a winner following the ceasefire in the trade war between the U.S. and China.
Rates are rising for bulkers and gas carriers, while container pricing on the trans-Pacific is showing signs of life.
As a major owner of Capesize bulkers, Golden Ocean is heavily exposed to events in Brazil.
There are some positive signs for shipping rates, but overall, disappointment prevails.