Dry Cargo
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Second time lucky for BW as kamsarmax trio notch improved prices
Sometimes in the rollercoaster ride that is shipping a failed deal can prove beneficial. Take BW Dry Cargo, the Andreas…
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Shanghai Changjiang Shipping orders MPP vessel at Damen Yichang
Shanghai Changjiang Shipping, a shipping subsidiary of China Merchants Group, has placed an order at Damen Yichang Shipyard for the…
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New Dayang Shipbuilding secures orders for four bulkers
China’s New Dayang Shipbuilding has secured newbuilding orders from two domestic owners for the construction of four bulk carriers in…
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Surging demand sees new lay-up destinations emerge
With demand for lay-up services growing, traditional parking lots for unused ships are becoming congested forcing shipowners to seek alternative…
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Weekly Broker: Firming bulker prices
The secondhand bulker sale and purchase market has continued to see prices firm despite a correction seen on the cape…
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Castor Maritime raises more cash for ships
Nasdaq-listed Greek dry bulk owner Castor Maritime looks set for an exciting ship acquisition spree after raising $17.3m via a…
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Agricore buys its first post-panamax
Hong Kong and Qingdao-based Agricore shipping is showing its financial muscle, sealing its second purchase in a very short time. …
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Iron ore barge in canal prang
The Presque Isle, an integrated Great Lakes barge vessel, collided with the north pier of Duluth ship canal on Monday.…
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Fujian Shipping Company sets up shipmanagement unit
Chinese state-run Fujian Shipping Company (Fusco) has announced the establishment of dedicated shipmanagement unit Zhongping Shipmanagement. Fusco said the setup…
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Franbo Lines grows fleet with Fairwind MPP charter
Taiwanese bulk shipping operator Franbo Lines has announced that the company has chartered in the 2015-built multipurpose vessel . The…
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Ships today are travelling 17.4% slower than before Lehman Brothers collapsed
Cargoes are taking ever longer to reach their destinations in the continued fallout shipping has felt from the global financial…
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Precious Shipping and Sainty Marine settle newbuild contract dispute
Thai bulk carrier owner Precious Shipping has entered into a settlement agreement with Jiangsu Guoxin Investment Group, the parent of…
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Jinhui adds to supramax fleet with Alloceans deal
Chinese dry bulk owner Jinhui Shipping and Transportation has added to its fleet with the acquisition of 2001-built supramax bulker…
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Centrofin bags sought after cape
Greek shipping outfit Centrofin has made its first bulker move since 2016. Broker sources say the 28-ship strong outfit has emerged…
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Vogemann touts new blockchain-based handy Green Deal
German shipping company Vogemann has started a new way of financing, using blockchain-based Green Shipping Token to expand its fleet of bulk…
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Castor Maritime seals fixture with Oldendorff for newly acquired panamax
Greek Nasdaq-listed panamax bulker owner Castor Maritime has entered into a new time charter agreement with Oldendorff Carriers for its newly…
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Keystone Shipping lays up three Great Lakes bulkers and lays off 94 employees
Pennsylvania-based Great Lakes bulker operator Keystone Shipping has sent three of nine bulkers in its fleet into layup due to…
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Weekly Broker: Cape scramble
The dry bulk sale and purchase market has stayed bullish this past week with large size vessels being the main…
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Diana Shipping fixes panamax to Glencore
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Glencore’s ST Shipping and Transport for 2010-built…
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Agricore doubles down on capes
Chinese owners are among the most active bidders in the capesize segment with several new, low key players adding their…
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