Analysts say long list of empty ships weighing on the market, with all sectors hitting year-lows
Capesize rates take a hammering as Baltic benchmark drops like a stone Read More »
Mid-aged tonnage changes hands despite some believing prices remain too high
Capesize S&P deals clicking into gear as ‘prices continue to drop’ Read More »
New purchase will be youngest vessel in the fleet
Jinhui Shipping buys ultramax bulker for $24.5m in fleet renewal move Read More »
One of the oldest bulkers belonging to the Norwegian tycoon is reportedly sold to South Korean interests
John Fredriksen sells capesize from private fleet to extend run of bulker disposals Read More »
Redundancy programme will affect 5% of workers around the world
Cargill to shed 8,000 jobs as falling commodity prices pressure business Read More »