The Baltic Exchange’s main sea freight index has fallen for a 10th-straight session with capesize vessel rates nearing a 6 month low.
The Baltic Exchange’s main sea freight index has fallen, as a drop in rates for capesize vessels outweighed a rise in other vessel segments.
Eagle Bulk Shipping has taken delivery of the fourth of six ultramax dry bulk vessels it recently agreed to acquire.
In 2018, freight derivative volumes in the tanker market rose by 20%, volumes in the dry market rose 1.4%, and dry options volumes rose by 44%.
Goodbulk delivered one of its supramax vessels to its new owner pursuant to a sale agreement made on 9 July 2018.
Star Bulk Carriers Corp. announces the termination of the debt restructuring restrictions, and has refinanced existing loans with new debt financing totalling over US$625 million.
The supramax/ultramax owner-operator reported a loss of US$16.6 million in 4Q17, compared to a net loss of US$142.4 million in the same quarter the year before.