Dry Bulk
Stay informed with the latest news, analysis, and market insight for the dry bulk shipping industry through our expert coverage
Simandou ships record volume of iron ore
Simandou’s long‑awaited ramp‑up is finally taking shape, with record April shipments feeding China’s swelling iron ore inventories. The shift that could squeeze Australian exporters even as rising tonne-miles bolster capesize demand. But looming Guinean export controls and a potential bauxite ban threaten to upend that momentum in coming months
Supply-side story: why tonnage tightness is driving dry bulk
There are a significant number of bulkers stuck in the Middle East Gulf, but there are less visible constraints on tonnage supply elevating the market
Dry bulk shipping is quietly racking up impressive stock market gains
Tankers are garnering all the headlines, given geopolitical events. But when it comes to shipping stocks, don’t forget about dry bulk. These equities are enjoying their own bull run
Chinese state VLCCs inch towards Hormuz transit as Beijing pulls diplomatic strings
Beijing’s diplomatic push appears to be bearing fruit as stranded Chinese tankers make their first move towards Hormuz since the conflict began
MSC makes moves to acquire 50% stake in Sinokor following joint VLCC buying spree
The deal, filed through MSC subsidiary SAS Shipping Agencies Services, would leave the remaining half under Sinokor owner Ga-Hyun Chung
Seanergy clinches two more capesize newbuilds
Two capesizes commissioned in Japan bring orderbook to five large bulkers at a contract cost of $384m
Around 200 compliant tankers stranded as Strait of Hormuz closure freezes Gulf traffic
Among shipowners, South Korea’s Sinokor appears most exposed with six VLCCs in the region while in the suezmax segment Greek owners feature most prominently
US indicts master of VLCC seized in North Atlantic
The US has charged Avtandil Kalandadze, the master of the very large crude carrier Bella I, which was boarded by US forces in the North Atlantic in early January after a two-week pursuit
Seanergy lifts new orderbook to three as capesize market provides strong support
A second capesize has been ordered at Hengli, while a newcastlemax has been ordered at Hantong
Hengli Heavy Industries stacks up more orders for big bulkers, boxships and tankers
With strong global demand for large crude tankers and limited capacity at state-owned rivals, Hengli HI is positioning itself to capitalise on the current shipbuilding upcycle
More diverse Danaos orders newcastlemax bulkers
First-ever bulker newbuildings come on top of landmark move into LNG shipping, but Greece-based owner is also ordering more vessels for its core containership business
‘Steel gives you optionality’: why bulker values don’t follow earnings
Bulker asset values do not match earnings at the moment, but with the options owning a vessel gives you, should they ever?
Bauxite demand drives capesize optimism
Capesize rates have rebounded in recent days from the usual January lows, but there are reasons to be optimistic even beyond 2026
Bulk carrier asset values remain strong as BDI descends
Greek shipowners have dominated selling activity of late as they dispose of older tonnage as part of fleet renewal strategies
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