RECENT NEWS
Benzinga  Aug 18  Comment 
The Dry Bulk Shipping Index has been on a consistent decline the past five years, but most recently rallied by nearly 30 percent in the past week. Demand for dry-bulk shipping surged as total seaborne Iron ore imports are projected to rise by...
SeekingAlpha  Jun 2  Comment 
By Adnan Riaz: Year-to-date, shares of DryShips (DRYS), Diana Shipping (DSX), and Navios Maritime Holdings (NM) have dropped 31%, 16% and 17.6%, respectively. Nevertheless, these dry bulk shipping stocks still have a great upside potential because...
SeekingAlpha  Dec 13  Comment 
By Wall Street Strategies: By David Urani Have a look at the Baltic Dry Index, it’s a measure of dry bulk shipping rates and it’s been coming on strong in the back half of this year. Just in the last three weeks, the index is up more...
Reuters  Dec 10  Comment 
* Change late due to complexity, history of law and commercial practice     
Benzinga  Nov 12  Comment 
In a report published Tuesday, Stifel analyst Benjamin Nolan initiated coverage on Star Bulk Carriers (NASDAQ: SBLK) with a Hold rating. In the report, Stifel noted, “We are initiating coverage of Star Bulk Carriers (SBLK) with a Hold rating...
Reuters  Oct 9  Comment 
Baltic Trading Ltd said it may spend up to $120 million to buy vessels as the dry bulk shipping market recovers from a four-year slump.
Benzinga  Oct 31  Comment 
In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Safe Bulkers (NYSE: SB), but slightly lowered its price target from $7.00 to $6.00. Jefferies noted, “With dry bulk shipping fleet growth declining...
Finance Asia  Sep 24  Comment 
The Hong Kong-headquartered dry bulk shipping company prices the deal with a 27.5% conversion premium.
Finance Asia  Sep 23  Comment 
The Hong Kong-headquartered dry bulk shipping company prices the deal with a 27.5% conversion premium.
The Straits Times  Aug 1  Comment 
August 02, 2012 1:42 AM CHINESE shipbuilder Cosco Corp reported weaker second-quarter earnings, dragged down by lower profits from its dry bulk shipping operations.




 
TOP CONTRIBUTORS

Drybulk shipping comprises roughly 36% of seaborne trade.[1]

Fleet

Capesize - Large vessels that cannot pass through canals and thus must travel around capes. Typically about 175,000 deadweight tons (dwt).

Panamax - Vessels designed to pass through the Panama Canal. Typically about 75,000 dwt.

Supramax - Smaller vessel, roughly 40,000-60,000 dwt.

Handysize - Smaller vessel, roughly 10,000-40,000 dwt.

Market Share

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References

  1. Rasberg, K. Drybulk Fundamentals Remain Healthy, Seeking Alpha, Jan 14 2008
  2. 2007 DSX, 20-F, Item 4, Page 18
  3. 3.0 3.1 2007 DSX, 20-F, Item 3, Page 4
  4. 2006 DRYS, 20-F, Item 4, Page 20
  5. 2007 EGLE 10-K, Item 1, Page 4
  6. 6.0 6.1 2007 GNK, 10-K, Item 1, Page 4
  7. 7.0 7.1 2006 NM, 20-F, Item 4, Page 19
  8. UNCTAD - 2007 Review of Maritime Transport
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