Owners concerned over ‘disconnect’ between elevated bulker values and weaker freight rates
But Braemar analyst Alexandra Alatari believes market earnings are set to improve for bigger vessel sizes
Bulkers
Belships profit holds firm despite fourth-quarter rout in supramax market
Supramax and ultramax owned said it is ‘comfortably positioned’ with forward cover while the pace of China’s economic recovery stays ‘uncertain’
ESL hands back six bulkers due to the high cost of charter extensions
Finnish owner also logs its best-ever profit despite Russian disruption
Mining giant BHP’s results offer hope for capesize bulk carriers later this year
Miner seems to concur with market expectations that dry cargo markets will begin a meaningful rebound in late 2023
Safe Bulkers orders kamsarmax from Japanese builder at ‘attractive price’
Shipowner says eco newbuilding will have advanced energy efficiency equipment and lower fuel consumption
‘Rationalising the fleet’: Navios shuffles assets in flurry of deals
US-listed Navios Maritime Partners owns up to a string of ship sales and unveils some fresh newbuilding projects
Scrubber gains shrink as fuel spread crunched in major bunker hubs
BRS says price differential is deflating as high-sulphur bunkers become more expensive in Asia
Growth still on agenda for Ocean Yield as it confirms CMB newcastlemax swoop
KKR-owned sale-and-leaseback specialist invested $1bn in new ships last year
Oldendorff’s M&M Bank builds shipping book despite cash-rich shipowners paying off loans
Norwegian lender says there may be corrections ahead in container and dry bulk markets, however
Shipowners, industry groups and charities call on UN to evacuate crews trapped in Ukraine
Organisations ask secretary general Antonio Guterres to step in