Dry Cargo
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Maritime CEO Forum: John Michael Radziwill on form
John Michael Radziwill was on typically bullish form when speaking as a panellist at last week’s Maritime CEO Forum held…
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Diana Shipping appoints Semiramis Paliou as deputy CEO
Greek dry bulk owner Diana Shipping has appointed Semiramis Paliou as its deputy chief executive officer effective immediately. Paliou, who…
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K Line secures woodchip carrier contract with Nippon Paper Industries
Japan’s Kawasaki Kisen Kaisha (K Line) has entered into an agreement with Nippon Paper Industries for the long-term charter of…
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New Vision snaps up Japanese supramax
Greek owner New Vision Shipping has acquired 2011-built Japanese supramax bulker according to broking sources. Seasure Shipbroking and Advanced Shipping…
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Sunrising International acquires Bramco tanker in auction
Fujian-based bulker owner Sunrising International has acquired 1990-built oil tanker in a court-led auction for a price of RMB20.88m ($2.95m).…
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Maritime CEO Forum: ‘Common sense is in short supply in this industry’
Cautious optimism about prospects for next year was tinged with regulatory anxiety during a lively dry bulk panel moderated by…
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Norden slashes forecast after unearthing accounting error
Norden’s finance team will face a grilling from top management after an accounting error forced the Danish shipping line to…
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Xin Yuan Enterprises diversifies into dry bulk
Hong Kong-listed asphalt tanker operator Xin Yuan Enterprises has announced the acquisition of a secondhand capesize bulker for a price…
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Weekly Broker: Sale volumes up despite rates coming under pressure
The sale and purchase market for both bulkers and tankers has seen a rebound from the previous week with substantial…
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2020 Bulkers clinches another charter contract with Glencore
Tor Olav Trøim’s 2020 Bulkers has entered into a time charter agreement for newcastlemax newbuilding Bulk Shenzhen with a subsidiary of Glencore.…
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Empros takes Japanese ultramax
George Makrymichalos’s Empros Lines has made its second move in the sale and purchase market this year, paying $16.5m for…
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Shipping bids farewell to the gut feel freight market
Nearly two thirds of Splash voters in an ongoing poll believe shipping is at the the end of the ‘gut…
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Baowu Steel and Vale form strategic partnership
China’s largest steel producer Baowu Steel Group has signed a series of strategic agreements with Brazilian miner Vale to explore…
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Castor Maritime acquires Japanese panamax to grow fleet to three
Petros Panagiotidis-led Castor Maritime has entered into an agreement to acquire a 2005-built Japanese panamax dry bulk vessel for $10.2m.…
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Weekly Broker: Slim pickings for available tankers
Tanker prices have leapt across the board this week due to the hot chartering market and a shortage of available…
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Belships expands fleet with ultramax newbuild
Norwegian bulk operator Belships has entered into a seven-year bareboat charter for a 61,000 dwt ultramax bulk carrier newbuilding. The…
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2020 Bulkers finances newcastlemax pair via Ocean Yield sale and leaseback
Norway’s 2020 Bulkers and Ocean Yield have entered into a sale and leaseback deal for newbuild newcastlemax bulkers Bulk Seoul…
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Navios Maritime Partners secures $418m refinancing
Navios Maritime Partners has repaid its $418.5m Term Loan B via a series of refinancing measures. The refinancing includes a…
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Zheshang Development to take over Zhejiang Shipping Group
Shenzhen-listed bulk commodity trader Zheshang Development has announced a plan to acquire Zhejiang Shipping Group from its controlling shareholder Zhejiang…
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Court to sell Voyage Shipholding supramax
Wuhan Maritime Court is going to sell the 2004-built 52,500 dwt supramax via online auction on November 10. The vessel…
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