Baltic Dry Index falls to 2.5-year nadir as China nears New Year and Brazil gets soaked with rain
Capesize bulkers see biggest rate drop on Thursday as other bulker sizes sustain minor rate losses
Bulkers
Eagle Bulk expands board with appointment of veteran director
New appointee has experience in companies with ties to famed shipowner John Fredriksen
KCC increases tanker exposure as caustic soda rates soar
Combination carrier owner tying up more capacity in wet rather than dry trades
India to ban 25-year-old tankers and bulkers, impose S&P age limit
Measure set to raise charter costs and poses question over ship values
Longship orders quartet of diesel-electric cargo ships in Turkey
Dutch owner says vessels will reduce fuel use by about 45%
Longship orders four diesel-electric cargo ships in Turkey
Owner says vessels will reduce fuel use by about 45%
SFL moves fast on raising $150m in sustainability-linked bonds
Fredriksen company announces deal just days after starting talks with fixed-income investors
Dry bulk market upturn should start later this year and continue in 2025 onwards, says Fearnleys
Shipbroking group thinks cyclical bottom of the market will come earlier this year than it had previously expected
Baumarine by MaruKlav pool finishes 2022 strongly as it redeploys bulkers
Klaveness and Marubeni venture moved vessels from Pacific to Indian Ocean in December to beat Baltic Exchange benchmark
Shippers moving supply chains closer to home after disruptions, report argues
Extended Covid lockdowns, Ukraine war, inflation and increasing protectionist policies are all having an impact, according to ports group DP World