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Weaker rates across vessel segments pull Baltic index down

Πέμπτη, 16 Νοεμβρίου 2017 15:41.

panamax58The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Monday for a third straight session, dragged down by weaker rates across all vessel categories.

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The iron ore contango: Why now?

Πέμπτη, 16 Νοεμβρίου 2017 14:49.

shipiron17The iron ore forward curve has made history in November by recording the longest period of contango* in its brief existence.

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Baltic index edges down on weaker rates for smaller vessels

Τρίτη, 07 Νοεμβρίου 2017 11:44.

panamaxdeck1The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the ninth straight session on Monday, dragged down by weaker rates for supramaxes and handysize vessels.

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Dalian iron ore hits 2-week top as output curbs lift steel

Τρίτη, 07 Νοεμβρίου 2017 11:32.

shipironore305Chinese iron ore futures climbed to their strongest level in almost two weeks on Monday, tracking firmer steel prices after China’s top steel producing province surpassed its capacity reduction targets for the year.

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Baltic index rises as capesize index hits a near 3-year high

Παρασκευή, 20 Οκτωβρίου 2017 11:03.

shipyard17The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a 12th straight session on Thursday, driven by firm demand for

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Asia thermal coal market set to tighten as winter approaches

Παρασκευή, 20 Οκτωβρίου 2017 10:57.

coalship12Asian thermal coal markets look set to tighten in the upcoming peak-demand heating season in the region’s north as utilities are yet to stock up on the commodity, likely sparking a wave of orders once the first cold spell bites.

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Brazil miner Vale seals share conversion, elects new board members

Παρασκευή, 20 Οκτωβρίου 2017 10:56.

valeThe remaining preferred shareholders of Brazil’s Vale SA (VALE5.SA) on Wednesday voted to accept a plan obliging them to convert their shares into a single stock class, finalizing a process that is

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