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Dry Bulk

Dry Bulk

Stay informed with the latest news, analysis, and market insight for the dry bulk shipping industry through our expert coverage

Alt-fuel bulk carriers gaining ground

Conventional fuel will continue to have a major part to play for the dry cargo sector owing to the strong tramp shipping nature of the sector, says Lloyd’s Register’s global bulk carrier segment director Nikos Kakalis

Dry Bulk Fuels


Russia’s Danube offensive is failing to dent Ukraine exports

Russian drone attacks targeting Ukraine’s Danube exports have cut capacity and added pressure to a supply chain already struggling with bottlenecks. But they have not yet significantly reduced shipments or curbed demand

Ukraine crisis Dry Bulk Political Risk and Trade

Latest Articles

Market Insight

Capesize earnings motor on despite dour China outlook

Analyst urges caution when using GDP growth as a predictor for dry bulk import demand. But there are warnings that economic fundamentals will eventually prevail

Dry Bulk China

Capesizes slump below $10,000 per day

A combination of factors including easing congestion, faster turnaround times at Chinese ports and weakening sentiment related to China’s property sector have added to pressure on the capesize market, which has slumped 39% since the start of August

Dry Bulk Capes

Baltic Capesize Index up by 26%, although dry cargo sector remains volatile

Increased activity in the Atlantic basin and port disruptions caused by typhoons in Asia have driven up capesize rates by up to $5,000 per day, while the panamax sector has also seen healthy increases

Dry Bulk Capes

Seanergy posts reduced profit as capesize rates lag demand

Greece-based owner is confident of continuing to outperform capesize index

Seanergy Finance

Jefferies lowers dry bulk estimates on weaker China steel outlook

While China’s reopening led to higher steel production and iron ore imports, a sustained recovery ‘seems farther away’ based on the recent drop in steel prices, says Jefferies equity analyst Omar Nokta. However, an expected China stimulus could be a positive near-term trigger

Dry Bulk China

Cheap Russian diesel goes global, expanding shipping routes

Russian diesel, once destined for Europe, now shipped to Türkiye, Brazil, northern Africa and Middle East at substantial discount, with longer voyages and profits from arbitrage trades boosting product tanker utilisation and earnings

Sanctions Tankers and Gas

Fredriksen and International Seaways trade barbs ahead of annual meeting

Ahead of  International Seaways’ annual shareholder meeting and just over a year after its board adopted a ‘poison pill’ to block billionaire John Fredriksen from crossing an ownership threshold, tensions remain high between the company and its largest shareholder

Finance United States

Dark fleet operator Gatik reflags four tankers with Mongolia

Having been deflagged and removed from P&I cover because of its involvement in moving Russian oil, the world’s largest operator of dark fleet vessels, Gatik Ship Management, has turned to landlocked Mongolia to keep at least four of its tankers in business

Sanctions Political Risk and Trade

Toro profits from tanker sales

Nasdaq-listed owner continues to aim for growth and diversification

Tankers and Gas Sale and Purchase

Suezmax scarcity to secure ‘a very interesting market’ for Nordic American Tankers

Nordic American Tankers expects the strong market for suezmax tankers to continue in the coming years, on the back of longer voyages and limited fleet growth

Tankers and Gas Finance

Norden chief eyes capesize expansion

Several factors have prompted the Danish shipping company to move back into the largest size of bulkers, including offering more services to customers in response to their needs and tapping into the growing bauxite trades from West Africa to China

Dry Bulk Capes

Capesize rates float up to six-week high

Higher spot rates expected in coming weeks on increased volumes of iron ore from Australia and Brazil as well as a bauxite push from West Africa before the rainy season hits

Dry Bulk Capes
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