Supramax news
Baltic index drops for 10th straight session
The Baltic Exchange’s main sea freight index has fallen for a 10th-straight session with capesize vessel rates nearing a 6 month low.
Baltic index slips as capesize rates fall
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 takes delivery of M/V Santos Eagle
Eagle Bulk Shipping has taken delivery of the fourth of six ultramax dry bulk vessels it recently agreed to acquire.
Baltic Exchange launches new ship operating expenses assessment
The Baltic Exchange has launched a new assessment to track the cost of operating vessels.
Freight derivative trade volumes up in 2018
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 delivers supramax to its new owner
Goodbulk delivered one of its supramax vessels to its new owner pursuant to a sale agreement made on 9 July 2018.
Eagle Bulk acquires Hamburg Eagle ultramax vessel
The acquisition has been funded by cash on-hand and new debt equating to US$12.8 million.
Star Bulk repays outstanding deferred debt amounts
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.
Eagle Bulk records 4Q17 loss
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.
G E Shipping to sell supramax vessel
G E Shipping has contracted to sell one of its supramax dry bulk carrier.