RECENT NEWS
Wall Street Journal  Feb 21  Comment 
Idled ships are crowding coastlines world-wide as increasingly desperate companies that ship iron ore, coal and other bulk commodities try to weather the industry’s worst downturn in decades.
Wall Street Journal  Jan 20  Comment 
Falling demand from China and other major commodity importers is wreaking havoc on some of the world’s biggest shipping companies, which are selling vessels en masse to survive the industry’s deepest-ever crisis.
Benzinga  Dec 4  Comment 
The latest shipping numbers indicate surging capesize earnings rates. JPMorgan expects supply growth will come in below 3.0 percent for 2016, but an increase in demand will also be needed to boost rates. Capesize chartering activity was down 23...




 
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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