MSI: iron ore drives bulker rally but spot market could be set to fall
According to MSI, a New Year bulge in deliveries could take the shine off recent improvements as the market digests the impact of China’s strategy to cut pollution.
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According to MSI, a New Year bulge in deliveries could take the shine off recent improvements as the market digests the impact of China’s strategy to cut pollution.
Diana Shipping Inc. has entered a time charter contract for m/v Norfolk with SwissMarine.
BIMCO has provided its November dry bulk shipping market overview and outlook 2017.
GoodBulk Ltd enters into an agreement to acquire up to 13 capesize dry bulk vessels.
Golden Ocean Group Ltd has acquired two modern capesize vessels from affiliates of Hemen Holding Ltd.
Navios Maritime Partners L.P. has received two capesize vessels and one ultra-handymax vessel.
Golden Ocean Group enters into agreements to sell six ultramax vessels built at Chengxi and additionally has taken early delivery of a capesize vessel.
According to a recent report from BIMCO, US coal export rebounds to support the improvement of the dry bulk shipping industry.
MSI reports some major market indicators are better but yards remain underemployed and newbuilding and second-hand prices have not yet hit bottom.
Diana Shipping Inc. takes delivery of the post-panamax dry bulk vessel m/v Phaidra, enters time charter contract for m/v Semirio and announces direct continuation of time charter contract for m/v Coronis.
Navios Maritime Partners agrees to acquire a 2011 South Korean-built capesize vessel.
Diana Shipping Inc. announces time charter contracts for m/v New York with Koch, m/v Norfolk with Trafigura and m/v Nirefs with Jaldhi.