Moody’s: Eletson’s Rating Down with Negative Outlook

The corporate family rating (CFR) of Greece-based shipping company Eletson Holdings has been downgraded to B3 from...

S&P Global: Maersk Ratings Lowered with Negative Outlook

The long-term counterparty credit rating of Danish conglomerate A.P. Moller – Maersk has been lowered to BBB from BBB+, while the outlook is negative, according to Standard & Poor’s Global Ratings.

Moody’s Downgrades NYK Line, Outlook Negative

The issuer rating of one of Japan’s Big Three shipping companies, Nippon Yusen Kabushiki Kaisha (NYK Line), has been downgraded to Baa3 from Baa2 with negative outlook, according to ratings agency Moody’s Japan K.K.

Low oil price has deeply negative impact on dry bulk market: Howe Robinson boss

While traditional supply and demand factors are important, another element has arisen in the past year that has ...

Chinese refiners grapple with negative margins on falling crude price

The recent rapid drop in global crude prices has left Chinese refiners grappling with negative margins as they...

Why China’s huge iron ore inventory at ports may not be negative

Low iron ore inventory played a critical role last year in pushing the Baltic Dry Index...