Dry Cargo
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Weekly Broker: Keep an eye on asset values
The dry bulk vessel sale and purchase market has seen another week of subdued activities. Investors still lack confidence despite…
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OSM takes on management of Kristian Gerhard Jebsen Skipsrederi fleet
Norway’s OSM Maritime (OSM) has reached an agreement to take over the management responsibility for 37 vessels currently operated by…
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Newcastlemax put up for sale
What would likely be the biggest bulker sold since Covid-19 dramatically slowed down sales and purchase activity is seeking attention.…
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Diana Shipping fixes another capesize to Koch
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Koch Shipping in Singapore for 2014-built capesize…
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Uniper takes Diana Shipping post-panamax on another charter
Greek dry bulk owner Diana Shipping has entered into a new time charter contract with Uniper Global Commodities for 2013-built…
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Norden ditching Mumbai office for Dubai
Danish owner Norden is opening an office in Dubai, while waving goodbye to its office in Mumbai. The Dubai office…
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A word search for dry bulk operators
Mr Prospector has used his time in lockdown to come up with some fun puzzles for the dry bulk community…
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Baumarine pool gets another new member
The Baumarine pool, managed by Klaveness and Marubeni joint venture MaruKlav, has finished the month of May with the addition…
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Court rules Noble must pay ex-CEO millions
Singapore’s Court of Appeal has ruled in favour of a claim by Noble Group’s former CEO Ricardo Leiman to millions…
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Defence against a rising tide of drugs traffic
With an estimated value of $400bn, the trade in illicit drugs is a high stakes business whose operatives eagerly exploit…
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Wisdom Marine raising $13.3m for fleet expansion
Taiwanese bulker operator Wisdom Marine has announced that the company will issue new shares to raise around TWD400m ($13.3m). The…
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RightShip scraps ratings system in favour of new safety score
RightShip will scrap its ratings system in favour of a new safety score in the biggest shake-up at the maritime…
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Weekly Broker: Sideways movement
The sale and purchase market has moved sideways in the past week as volatility extended in the dry bulk market…
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China Merchants confirms order for four heavylift vessels
China Merchants Energy Shipping (CMES) has officially entered into shipbuilding contracts with China Merchants Jinling Shipyard for the construction of…
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Cosco bulker runs aground on Parana River twice in three days
Cosco’s 81,000 dwt panamax bulk carrier ran aground twice this week on the Parana River in Argentina. The vessel ran…
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Pangaea tops new dry bulk study
Rhode Island-based Pangaea Logistics has been crowned the best listed dry bulk company in terms of its time charter earnings…
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Diana panamax gets new charter with Glencore
Greek dry bulk owner Diana Shipping has sealed a new time charter contract with Glencore Agriculture for 2014-built ice class…
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‘Don’t over think it. Shipping is simple’
Fifteen years into his career, Charlie Du Cane, commercial director at Mandarin Shipping, has just been provided with valuable advice…
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Wilson and Arkon strike deal to form European short sea shipping giant
Norway’s Wilson and Germany’s Arkon Shipping have signed a deal to form Europe’s largest short sea shipping company. The deal…
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Wilson and Arkon strike deal to form European short sea shipping giant
Norway’s Wilson and Germany’s Arkon Shipping have signed a deal to form Europe’s largest short sea shipping company. The deal…
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