Dry bulk shipping: Strong demand improves market as it exceeds high fleet growth

A critical work of balance has been going on in the dry bulk market for quite some time. In its latest short-term outlook of the dry bulk market, issued yesterday, BIMCO said that should demolition fall short by 5m DWT, fleet growth will jump to 3.4%.

HHLA Slightly Exceeds Forecast Operating Result (EBIT)

Hamburger Hafen und Logistik AG (HHLA) has slightly exceeded the forecast operating result (EBIT) for the 2016 financial year. Compared to the same period in the previous year