521 on Monday to $21,676 by Friday. The Atlantic saw significant fixing activity, particularly from South Brazil to China, but an oversupply of tonnage in ballast and weakening demand led to a softening trend. The C3 index dropped from $25.97 on Monday to $24.69 by Friday. There...
The range of dry-bulk carrier types based on their size is: 29a) Capesize Vessels vary from 80,000 dwt to 170,000 dwt and are used primarily coal and iron ore. Related toCapesize Vessel(s) Vesselsshall have the meaning set forth in the recitals. ...
Ship Finance International Limited today announced the agreement to acquire eight Capesize dry-bulk carriers from subsidiaries of Golden Ocean Group Limited ("Golden Ocean"). The vessels are named Golden Beijing, Golden Zhoushan, Golden Magnum, Battersea, Belgravia, Golden Zheijang, Golden Future and ...
The Capesize market has been trading strongly at lofty levels this past week. The 5TC opened the week at $40,608, peaked at $44,817 mid-week before finally retracing to take a breather at $41,514. The market has been hiking higher since the beginning of April to reach levels not see...
The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, surged 261 points, or 17.5%, to 1,756, recording its fifth straight session of gains. The index was at its strongest since January 25. ...
Seanergy Maritime Holdings Corp. is an international shipping company that provides marine dry bulk transportation services through the ownership and operation of dry bulk vessels. The Company currently operates a modern fleet of eleven dry bulk carriers, consisting of nine Capesizes and two Supramaxes...
Illustration; Source: Pxhere under CC0 Creative Commons license New York Stock Exchange-listed dry bulk operator Genco Shipping & Trading has six more scrubber installations to go as its project reached 65% completion rate. To date, the company has installed the equipment on 11 of 17 Capesi...
SEANERGY Maritime, an owner of one newcastlemax and 16 capesizes, has said it believes that underlying market dynamics in the sector are the best they have looked for three decades. Greece-based Seanergy was the latest dry bulk carrier owner to voice optimism about market prospects, despite ...
There were huge cheers on Wall Street after Genco Shipping & Trading revealed fleet spending of $l.lBn. As revealed last week by Fairplay, the listed bulk shipping group announced on 18 July that it had purchased nine Capesize dry bulk vessel new-buildings from companies within the Metrostar ...
CHINA State Shipbuilding Corp says a subsidiary yard has won an order for a dual-fuel capesize dry bulk carrier from Japan's NYK Line. The 180,000 dwt newbuilding, equipped with two liquefied natural gas fuel tanks, will be constructed at Shanghai Waigaoqiao Shipbuilding, which also designed ...