The world's leading and only monthly dry bulk publication.
Maritime industry professionals remain confident about the year ahead despite wider uncertainty, according to new data published by the British Ports Association yesterday.
International accountant and shipping consultant BDO says total annual operating costs in the shipping industry fell by an average of 1.8% in 2018, compared to the 1.3% fall for 2017.
Trade tensions are weighing on growth across the world, but the International Monetary Fund is “far” from forecasting a global recession, an IMF official told Reuters on Friday...
The Baltic Exchange has launched a new assessment to track the cost of operating vessels. Initially covering a range of dry bulk vessels, the service will also be expanded to tankers and other sectors.
Capesize -The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013.
During August 2019, Grindrod announced as part of its strategic review process, its intention to dispose of certain non-core businesses which included its agricultural investments in NWK and Senwes.
Capesize - The market continued to firm all week, with the 5TC closing on Friday at $34,583, up $4,146 for the week. This marks a new high for the year and a remarkable lift from the lows of 3 April 2019
Similar to other sizes, it was one of the most exciting weeks for the Baltic Supramax Index (BSI), with a surge from all areas.