Dry Cargo

Augustea sale falls through

December 11th, 20150 A widely reported sale of one of Augustea’s ships, the newly delivered , has failed, according to sources. The brand new kamsarmax was widely reported sold at $25m...

Tebbe quits Auerbach to go travelling

December 11th, 20150 Alexander Tebbe, 34, the co-founder of Hamburg MPP owner Auerbach Schiffahrt, has quit the firm to take a belated gap year travelling the world. Fellow founder Lucius...

Vale sells four VLOCs for $423m

December 9th, 20150 Brazilian miner Vale has sold four of is 400,000-dwt VLOCs for $423m to a consortium led by ICBC Financial Leasing, a subsidiary of the Industrial and Commercial Bank of...

Augustea lets go of two panamaxes

December 9th, 20150 Two bulk carriers are expected to leave Augustea’s fleet in the coming weeks. Raffaele Zagari, ceo of the Italian shipping company, confirmed to Splash the sale of the...

Pioneer Marine: The road to Wall St

December 9th, 20150 Singapore: Today sees the launch of the final issue of Maritime CEO magazine for 2015, an issue packed full of interviews and insights. On the cover is Pankaj Khanna,...

Star Bulk offloads four

December 9th, 20150 Nasdaq-listed Greek owner Star Bulk Carriers has announced that it has entered into agreements to sell two capesize and two kamsarmax vessels. Star Bulk didn’t...

Vale to sell its last 11 VLOCs

December 6th, 20150 The valemax shipowning adventure is coming to a close for Brazilian miner Vale. The huge gamble that never paid off ends with news Friday that the company intends to...
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