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  • November 26, 2014
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Results 1 - 10 of 13 for capesize

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  1. Big ship rent rates sink amid slowdown

    Posted Jul 15th 2010, 12:00am by Howard Winn, Keith Wallis

    ... in rental prices. Charter rates for large dry bulk capesize vessels of around 180,000 deadweight tonnes are down to their lowest level for 14 months. The crash has been so swift that shipowners ... US$1.17 million from an Australia-China voyage based on the prevailing rate yesterday, compared with US$1.44 million last Thursday. Shipbrokers said rates for a large capesize vessel were on a par ...

  2. Crystal ball cloudy for freight industry

    Posted Aug 18th 2010, 12:00am by Keith Wallis

    ... signals on the future direction of freight rates. This comes after a resurgence in freight levels for all types of dry-bulk cargo vessels, including large, 180,000 deadweight tonne capesize vessels. Average earnings for a 10-year-old capesize ship jumped to US$28,137 per day by last Friday, up from US$12,938 per day on August 6, said London-based shipbroker Clarksons. This followed ...

  3. Sharp drop in mainland iron ore imports forecast

    Posted Sep 16th 2010, 12:00am by Keith Wallis

    ... especially as steel prices were expected to rise. The fall in iron ore import volumes would be the equivalent of around 247 shipments using capesize dry-bulk ships that each can carry around 170,000 ... government's decision to reduce electricity allocation to steel mills represents a great threat to near-term dry-bulk rates, especially capesize rates.' A Singapore-based shipbroker said charter ...

  4. Shipping gloom to lift, Pacific Basin says

    Posted Aug 09th 2010, 12:00am by Keith Wallis

    ... of ship has also waned this year. Previously charter rates for smaller vessels largely rose and fell in line with rates for larger capesize vessels. But this link has been partially disconnected as cargo demand for larger capesize vessels, which are restricted to the main iron ore and coal trades between Australia, Brazil and South Africa to Asia and Europe, has slackened. By comparison, ...

  5. Wah Kwong signs for giant crude oil tanker and looks at cost-sharing deals

    Posted Aug 28th 2010, 12:00am by Keith Wallis

    ... of the 177,000 deadweight tonne capesize bulk carrier Cape Victory. The ship was named by Robertina Calatrava, wife of the noted Spanish architect. Wah Kwong ordered the ship from Shanghai Waigaoqiao ...

  6. BHP unit moves to recoup US$39m

    Posted Jul 10th 2010, 12:00am by Keith Wallis

    ... main shipping routes for a large 180,000 deadweight capesize dry bulk ship, to less than US$10,000 per day by November 2008. Transfield ER Cape has claimed it was owed US$208.9 million ...

  7. Shipping boom and bust could happen again

    Posted Nov 13th 2010, 12:00am by Keith Wallis

    ... capesize bulk carrier hit around US$300,000 per day in May 2008 only to fall to about US$1,000 per day seven months later as the banking liquidity crisis froze global trade. There were also sharp ...

  8. Sinotrans in US$335m talks on new ships

    Posted Oct 16th 2010, 12:00am by Keith Wallis

    ... 'New building and second-hand prices are more reasonable than before.' The firm's existing order book comprises four 180,000 deadweight tonne capesize dry bulk carriers, four 76,000 ...

  9. Asian container shippers are set to outperform bulk carriers

    Posted Oct 07th 2010, 12:00am by Keith Wallis

    ... was the outstanding order book for vessels. The bank forecast that cargo demand would only outstrip the supply of large capesize dry bulk carriers of around 180,000 deadweight tonnes in 2013. But it would ...

  10. Dry bulk ship deliveries to outpace demand

    Posted Sep 24th 2010, 12:00am by Keith Wallis

    ... to grow between 6 per cent and 8 per cent a year, the global fleet of dry bulk ships would grow by 14.6 per cent this year. Most of the new deliveries are capesize ships of around 180,000 ...




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