Slower demand growth pressures dry bulk freight rates
NewsIn 2024, supply and demand have improved, but BIMCO anticipates market declines in 2025-2026, depending on ship returns to the Red Sea....
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In 2024, supply and demand have improved, but BIMCO anticipates market declines in 2025-2026, depending on ship returns to the Red Sea....
Ukraine's dry bulk exports are expected to drop in 2025 due to a 19% decrease in maize yields, contributing to stagnation in global grain sh...
The Panama Canal saw 9,944 transits and 423 million tonnes CP/SUAB in FY 2024, a significant drop due to drought, with dry bulk carrier tran...
Inefficiencies in the trading fleet have been a source of significant support to the dry bulk market this year, propelling gains in asset va...
Dry bulk shipping has grown significantly from 2013-2023, driven by advancements in technology, increased raw material demand, and changing ...
BIMCO: Between January and August 2024, the number of recycled ships dropped 42% y/y, the second lowest level in 16 years....
The Panama Canalā€™s operational issues led some bulk shippers to choose alternative routes, with future decisions based on capacity and tra...
Amer Shipping and MSG have formed Stream Shipping in Raamsdonksveer, an independent inland shipping company with its own vessels....
Diana Shipping has extended the time charter contract for its vessel Los Angeles with NYK at a rate of US$28,700 per day, starting July 18, ...
INTERCARGO ships outperform industry averages in deficiencies and detentions, despite challenges from geopolitical turmoil and maritime thre...
INTERCARGO's report shows ongoing improvements in dry bulk sector safety, recording vessel and life losses to monitor the global impact of s...
The vessel is compliant with Energy Efficiency Design Index Phase 3 in advance of International Maritime Organisation requirements....
The merger is expected to be completed around April 9, 2024, creating a strong dry bulk shipping company valued at around US$2.1 billion....
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