New rate is not much more than current spot rate assessments
bulkers
Klaveness Combination Carriers beats average tanker earnings by 200%
Norwegian owner expecting tanker recovery after completing newbuilding programme
Fidelity keeps building dry book with $207m stake in Star Bulk
US ‘long only’ investor now has 10% stake in shipping’s largest listed owner of dry bulk vessels
Berge Bulk and Loud Kollakis linked to large bulker buys as rates buoy prices
James Marshall-led Berge tied to fifth capesize purchase this year, while Greece’s Charterwell continues expansion
Salvors prepare to take fuel from Crimson Polaris wreck off Japan
Operation will focus on forward section of bulker where majority of remaining fuel is stored
Berge Bulk and Lou Kollakis linked to large bulker buys as rates buoy prices
James Marshall-led Berge tied to fifth capesize purchase this year, while Greece’s Charterwell continues expansion
MOL and Tata Steel teaming up to develop low-emissions bulker
Japanese shipowner and Indian steel giant will particularly focus on the use of hard sails to cut carbon output
NYK Line capesize sale may set new benchmark amid spot rate surge
High levels of congestion and solid demand for dry bulk staples helping to propel market upwards
NYK Line capesize sale may set new benchmark as rates pass $50,000 per day
High levels of congestion and solid demand for dry bulk staples helping to propel market upwards
Dry bulk stocks break ties with rising rates on loss-making week
Even an 11-year high for the Baltic Dry Index was not enough to soothe investor jitters over stimulus wind-down, Covid spread