‘Rate sentiment is lousy’: BTIG slashes price targets for bulker owner trio as values slump
But investment bank’s Gregory Lewis stays positive ‘buy’ rating for Golden Ocean, Genco and Eagle Bulk
July 2023
Lawmakers rebuke MARAD for ‘unsatisfactory’ lack of responsiveness and propose funding cuts
Republican-led committee aims to take MARAD headquarters funding down to 2022 levels
Lawmakers rebuke MarAd’s for ‘unsatisfactory’ responsiveness amid proposed funding cuts
Republican-led committee aims to take MarAd headquarters funding down to 2022 levels
Lawmakers rebuke MarAd’s for ‘unsatisfactory’ responsiveness amid proposed funding cuts Read More »
Black Sea Shipping Traffic Slowing after Russia, Ukraine Warnings
The number of ships looking to pick up grain cargoes from the Black Sea area has fallen 35% this week versus the previous week with growing uncertainty over whether commercial traffic could be hit as Russia continues to pound food facilities…
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Baltic Index Logs 10% Weekly Drop as Demand for Larger Vessel Wilts Away
The Baltic Exchange’s main sea freight index closed the trading week at a 10% decline, pressured by lower demand in the larger vessel segments.The overall index that factors in rates for capesize, panamax, and supramax shipping vessels carrying dry bul…
Baltic Index Logs 10% Weekly Drop as Demand for Larger Vessel Wilts Away Read More »