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Cardiff helped OceanFreight pick up its first dry-bulk vessels, helps manage that fleet and shares office space with OceanFreight.
FORBES: Curious George
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The improvement in shipping rates is helping to bolster shares of Japan's biggest dry-bulk shipper Mitsui O.
FORBES
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The Baltic Freight Index, which tracks dry-bulk freight rates, was at its lowest in nearly a decade in August.
ECONOMIST: Shipping
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In the business of shipping dry-bulk cargoes, mostly iron ore, coal and grain, there is not even the hint of a silver lining to the cloud.
ECONOMIST: Shipping
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China's shipping industry has lobbied against such ships, fearing they may strengthen Vale's dominance on the dry-bulk market and China's Ministry of Transport has restricted their access to its ports.
WSJ: Global Shipping Faces More Choppy Waters
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Diana Shipping (NYSE: DSX): A leader in dry bulk shipping with a P-E of 6.59, an operating profit of near 50, and 373 million in cash, and a major beneficiary of the rising Chinese economy.
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Kinder says he's looking for other pipeline partnerships to buy, and Kinder Morgan is expanding into terminals that handle coal and other dry bulk materials, hoping to capitalize on long-term trends such as the shift by electric utilities away from Appalachian coal toward cleaner- burning western coal.
FORBES: Sweet consolation
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The recent decline in the dry bulk index suggests that tighter emissions regulations on shipping vessel is unlikley to result in near-term cost distortions.
FORBES: Cold Ironing Comes of Age in California
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Dry foods with unpoetic names like spelt, teff and millet have long inhabited the bulk bins at health-food stores.
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