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Baltic index rises on capesize push

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Tuesday as capesize rates touched their highest level in over a year. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels rose 81 points, or 2.9%, to 2,889 – a more than ten-year …

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BIMCO sees Brazil’s iron ore exports up 14.4% in first four months despite disruption scares

In the early hours of 22 April 2021, Vale – the Brazilian mining giant, was ordered to temporary suspend shipping activities at the country’s Guaiba Island terminal, a dedicated iron ore export terminal. Later that day, the hurdle was cleared, and activities could resume. Should the market worry when Brazil’s iron ore exports are disrupted? …

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InterManager vows to source vaccinations for seafarers

Frustrated by the lack of progress and slow pace of international efforts, InterManager has vowed to work separately to obtain much-needed Covid-19 vaccines to protect the world’s more than one and a half million seafarers and thereby keep international trade routes open. InterManager President Mark O’Neil declared: “Global organisations have talked their way round in …

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GoodBulk ltd. Reports Net Profit of $3.1 Million as First Quarter Capesize Market the Best Since 2014

GoodBulk Ltd., a leading owner and operator of dry bulk vessels, announces its financial results for the first quarter of 2021. 1st Quarter Highlights • Generated $15.4 million EBITDA and $3.1 million of net profit, after $10.2 million depreciation, resulting in earnings per share of $0.10. • On 2 March 2021 the Board of Directors …

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Klaveness Combination Carriers First Quarter 2021: Continued higher earnings and lower volatility than standard vessels

Klaveness Combination Carriers ASA (KCC) delivered a positive adjusted EBITDA of USD 9.2 million in the first quarter of 2021. – The first quarter demonstrates the value of our combination carrier concept with significantly higher TCE-earnings and lower volatility than standard tankers in a historically weak tanker market. KCC takes advantage of the current strong …

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AP de Barcelona: La Escola Europea-Intermodal Transporte se digitaliza para enriquecer su modelo formativo con las ventajas de la tecnología

La Escola Europea-Intermodal Transporte se ha fijado para este año un objetivo claro: intensificar la digitalización con la finalidad de enriquecer a su modelo formativo con las ventajas que aporta la tecnología. Este objetivo prioritario fue aprobado por el Consejo Rector de la Escola en reunión celebrada el pasado miércoles en Barcelona. Durante el año …

AP de Barcelona: La Escola Europea-Intermodal Transporte se digitaliza para enriquecer su modelo formativo con las ventajas de la tecnología Read More »

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