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Baltic Dry Index climbs to 1146, up 29 points

Τετάρτη, 21 Φεβρουαρίου 2018 23:08.

shipsf3492Today, Wednesday, February 21 2018, the Baltic Dry Index climbed by 29 points, reaching 1146 points.

 

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BP begins production from Egypt’s Atoll gas field seven months ahead of schedule

Τετάρτη, 21 Φεβρουαρίου 2018 00:11.

bp21BP announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of

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Baltic Exchange: Capesize rates came under pressure this week

Δευτέρα, 05 Φεβρουαρίου 2018 11:42.

panamax41From 1 March 2018 the BDI will be re-weighted to the following ratios of timecharter assessments: 40% capesize, 30% panamax and 30% supramax and will no longer include the handysize timecharter average.

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China iron ore hits one-month low on softer demand

Τρίτη, 30 Ιανουαρίου 2018 14:10.

ironore18Chinese iron ore futures fell to their weakest level in a month on Monday as demand for the steelmaking commodity remain slow in the world’s top buyer, keeping stocks at its ports near a record high.

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Dry Bulk: Capesize Market Edges Higher

Δευτέρα, 29 Ιανουαρίου 2018 10:07.

shipanamax2Capesize

A marked improvement on the capes last week, with the headline west Australia/China route jumping up over US$1.00. Vessels were fixing around

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Chinese steel futures extend gains, but slow winter demand weighs

Πέμπτη, 11 Ιανουαρίου 2018 06:44.

steelfotoChinese steel futures extended gains on Wednesday, lifted by Beijing’s tougher rules on building new capacities, but thin trading and weak demand capped gains.

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Dry bulk: Capesize freight rates continue upward trend

Παρασκευή, 05 Ιανουαρίου 2018 19:26.

panamaxdeck1While the market started off on a rather quiet note, freight rates for the Asia Pacific and Atlantic Capesize routes continued to surge Thursday as industry sources witnessed a flurry of trades later in the day.

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