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DryShips Inc is a dry bulk shipping company based in Athens, Greece. It is a Marshall Islands corporation, formed in 2004. On October 11, 2019, it was taken private by CEO and Chairman George Economou. As of February 2019, the company is a diversified owner and operator of ocean going cargo vessels that operate worldwide.
Baltic Dry Index 1985 - 2022. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Shipping markets. The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
February 13, 2024 at 5:37 PM. Frazer Harrison. Angela Chao, the CEO of the dry bulk shipping company Foremost Group and the sister of former Secretary of Transportation Elaine Chao, has died in a ...
May 6, 2024 at 2:11 PM. By Philip Blenkinsop. BRUSSELS (Reuters) - The European Union would ban trans-shipment of Russian LNG, the use of EU ports by vessels transporting goods contributing to ...
Excel Maritime Carriers Ltd. (NYSE: EXM) is a shipping company specializing in the transport of dry bulk cargo such as iron ore, coal and grains, as well as bauxite, fertilizers and steel products. As of May 2009, it is the largest bulk carrier by DWT of any U.S.-listed company. Approximately one-third of all seaborne trade is dry bulk related.
China said it “firmly opposes” the U.S. investigation into its maritime, logistics and shipbuilding industries, calling the move a “mistake on top of a mistake.”. In an official statement ...
It was the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China. Its container shipping subsidiary – COSCO Container Lines – was one of the world's top 10 container carriers in terms of fleet capacity. COSCO was among China's top 15 ...