Quantcast

Posts related to ‘dry bulk shipping’

Mining

Dry Bulk Shippers Pin Hopes on Iron Ore, China

Shares of a host of shipping companies are getting a big boost today on a report from Bloomberg that the 2013 outlook for shipping rates, especially for iron ore, are ...
Read Full Story »

Shipper Prices Share Offering; Watch Shares Sink (EGLE, DRYS, EXM, GNK, DSX, FRO, NM, RBS, SAN)

Dry bulk shipper Eagle Bulk Shipping Inc. (NASDAQ: EGLE) filed a Form S-3 with the SEC this morning announcing the sale of up to 3.15 million shares of common stock ...
Read Full Story »

Another Shipping Bankruptcy Filing Could Signal More on the Way (GMR, ONAVQ, TNK, OSG, NAT, FRO, NM, DRYS)

An over-supply of product leading to a steep drop in price has claimed another victim. No, this is not a story about a solar PV maker, but about shipping, where ...
Read Full Story »

More Woes for Shippers (GMR, ONAVQ, TNK, OSG, NAT, FRO)

No matter what kind of cargo a shipping company moves, that company is likely to be in some financial distress. Rates for moving containers, dry bulk, and oil are all ...
Read Full Story »

Commodity Watch: Iron Ore Demand Indicates Less Shipping (VALE, RIO, BHP, DSX, GNK, EXM, EGLE)

Ever since the iron ore miners forced customers to accept quarterly price changes, the price for seaborne iron ore has more than doubled. China, the largest consumer of iron ore, ...
Read Full Story »

Shipping Faces Oversupply, Rising Fuel Costs (AMKBF, DRYS, GNK, DSX, EGLE, EXM)

Danish shipping giant A.P. Moeller-Maersk A/S (OTC: AMKBF) posted profit of $1.22 billion for the first quarter on revenue of about $15.2 billion, both significantly better than the same period ...
Read Full Story »

Shipping Companies and the Japan Effect (DRYS, DSX, GNK, AMKBF, DAC, SSW, FRO, NAT, TK, TGP, GLNG, SEA)

As Japan recovers from the devastating earthquake and its aftermath, the country will depend heavily on importing raw materials into the country and exporting finished goods. There are a number ...
Read Full Story »