Dry Cargo
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Medmar flounders after losing hundreds of thousands of dollars on mistimed grain bookings
Greek dry bulk shipping concern Medmar has hit the rocks, with brokers telling Splash the Athens company has defaulted on…
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Pangaea orders two more post-panamax bulkers at GSI for Baffinland contract
Nasdaq-listed Pangaea Logistics Solutions has taken an option to add another two vessels to its order for ice class post-panamax…
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BHP warns shipping of looming carbon levy
One of the world’s largest shippers has warned shipping it ought to prepare for a carbon levy. Mining giant BHP…
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Platts launches cape index
Alternatives to the freight rate information provided by the Baltic Exchange are cropping up, helping explain the London institution’s recent…
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Global Commodity Technology Association formed to drive dry bulk digitalisation
A new association has been formed on the back of the world’s top agribusiness giants joining forces to digitise shipping…
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Klaveness Combination Carriers extends options for four newbuilds at Yangzijiang
Klaveness Combination Carriers (KCC) has extended an option to build additional four CLEANBU combination carriers at Jiangsu New Yangzi Shipbuilding.…
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Vitiello brothers make dry bulk return to shipping
A famous Italian name in shipping is on the verge of making a dry bulk comeback. Brothers Luca (pictured) and…
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Weekly Broker: S&P faces up to test of sentiment
Capes might have hit near decade highs at the start of the month and VLCC spot rates leapt more than…
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Kmarin adds two VLOCs at Qingdao Beihai
South Korea ship investment firm Kukje Maritime (Kmarin) has placed orders at China state-run yard Qingdao Beihai for an additional…
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Scorpio Bulkers offloads ultramax pair
Emanuele Lauro’s Scorpio Bulkers has entered into agreements to sell 2014-built SBI Puma and 2015-built SBI Cougar for a total…
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Clarkson downgrades tonne-mile forecasts
Clarkson Research Services, one of the world’s largest shipping analyst firms, has downgraded its tonne-mile projections with a warning from…
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Splash Podcast: Sand and steel
The Deep Dive returns with a provocative pod looking at what are the right and wrong datasets to focus on…
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Pitfalls linked to index deals
Anders Liengaard from Danish consultants Liengaard & Roschmann has some words of caution for the increasingly trend of index-linked deals…
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Zhejiang Xinyihai Shipping orders supramax at Jiangsu Haitong
Zhejiang Xinyihai Shipping has placed an order at Jiangsu Haitong Offshore Engineering for the construction of a 51,000 dwt supramax…
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China closes in on record 1bn ton annual steel output
China is on track to defy expectations and produce a record steel output this year of just shy of 1bn…
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Glencore joins group determined to digitise agrishipping
Glencore has joined an initiative led by the world’s leading agri-shippers to to digitise shipping transactions. Launched last October, the…
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NYK clinches 25-year coal shipping contract
Japanese shipping major NYK has secured a 25-year contract with Van Phong Power Company, a wholly owned subsidiary of Sumitomo…
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Weekly Broker: Cape bargains on offer
The dry bulk sale and purchase market has picked up again despite the recent sluggish freight market with bargain hunters…
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Marinakis celebrates cape coup
As well as celebrating his team’s fightback in the Champions League last night against Tottenham Hotspurs, Olympiakos owner Evangelos Marinakis…
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Pacific Basin splashes out $73.84m on four bulkers
Hong Kong dry bulk shipowner Pacific Basin has added two supramaxes and two handysizes to its fleet, sealing four separate…
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