Dry Bulk
Stay informed with the latest news, analysis, and market insight for the dry bulk shipping industry through our expert coverage
Bulker attacked by skiffs in Red Sea
The bulker’s security team exchanged small arms fire with 15 skiffs in the Bab el Mandeb before the vessel continued its journey southwards
Crude tanker and dry bulk stocks lead the pack, outpacing S&P 500
Shipping share price performance is predictably tracking spot rate moves. Crude tanker, dry bulk and LPG shipping spot rates are strong; consequently, equities in these segments are rising faster than the S&P 500
Capesize rates spike to $45K per day, highest level in two years
The dry bulk shipping market is ending the year on a high note — a far cry from what happened in 2024, when the fourth quarter turned out to be unusually weak
Bulk carrier values hold firm as strong freight rates support market
Mid-sized segments have seen earnings converge recently, narrowing traditional asset value differentials between ultramaxes and kamsarmax bulkers
Will Simandou be the dry bulk game changer it’s been hyped to be?
First shipments from the much-heralded project left Guinea last week. Do they mark the beginning of a paradigm shift for dry bulk or has Simandou been overhyped?
Akrotiri orders two LR1s at New Century
Brace of product carriers at Chinese yard are first newbuildings for Marielena Procopiou and Konstantinos Lampsias’ growing fleet
Finnish court throws out Eagle S cable-cutting case
Damage caused by the tanker did not meet the threshold to apply Finnish law, as the incident occurred in international waters
Seanergy and United Maritime hail profitable sales of older capesizes
Two Greek bulker owners with origin link have chosen their moment to monetise ageing capesizes
Dry bulk entering fourth quarter with firm rate momentum
Spot rates for capesizes, panamaxes and supramaxes are all near one-year highs. Dry bulk equities continue to follow rates upward, hitting new 2025 highs earlier this week
Globus has ‘constructive’ view of dry bulk market after loss-making first half
Greek dry bulk owner says rates have now recovered to a ‘very healthy’ level
Supramax and ultramax bulkers dominating dry cargo sale-and-purchase activity
Bulk carrier values have been relatively stable since the beginning of the year, while the number of sales transactions has been strong
Brazil iron ore exports up in second quarter, but questions hang over Chinese demand
Stronger than expected production from Vale in the second quarter means there is plenty of cargo for the capes, but longer-term demand is still uncertain
Genco posts second-quarter losses but continues capesize investment
Acquisition of the capesize will see Genco’s fleet rise to 43 vessels, taking its investment in the largest-sized segment to more than $200m
Sub-cape rally short-lived as long-term fundamentals remain negative
The panamax and supramax segments experienced a decent climb in June and half of July, but the underlying negativity has not gone away
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