Capesize bulker spot rates fall into correction territory
Average rates dropped almost $5,000 per day on Wednesday, according to Baltic Exchange data
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bulkers
Capesize bulker rates may drop to ‘higher low’ amid falling demand
A return to 2008-era average spot rates of $234,000 is unlikely, says Breakwave Advisors’ John Kartsonas
Capesize bulker rates may drop to ‘higher low’ amid falling demand Read More »
Lomar Shipping nets $66m on sale of two containerships to MSC
Owner also quietly emerges as buyer of Greek-managed supramaxes
Lomar Shipping nets $66m on sale of two containerships to MSC Read More »
Bocomm strikes deal for eight ultramax newbuildings at Cosco Zhoushan
Deal marks second shipbuilding contract for the Chinese leasing company this year
Bocomm strikes deal for eight ultramax newbuildings at Cosco Zhoushan Read More »
Bulker owners plan to stay in the secondhand market
They are waiting for pending environmental regulations and other factors to play out
Bulker owners plan to stay in the secondhand market Read More »