Dry Cargo
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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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MOL scales up wind ambitions
Mitsui OSK Lines, Japan’s largest shipowner, has upped its wind power ambitions, joining the International Windship Association (IWSA), and pushing…
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2020 Bulkers secures charter with Glencore
Tor Olav Trøim’s 2020 Bulkers has entered into a time charter agreement for its newcastlemax newbuilding Bulk Shanghai with a subsidiary of…
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Diana Shipping seals post-panamax charter with Al Ghurair Resources
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Dubai’s Al Ghurair Resources International for…
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Shi.E.L.D. Services: Mine owners take control of commodity logistics
Limited port facilities in developing countries are giving an Italian company a chance to upscale an old business model. Corrado…
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Weekly Broker: Divergent Q4 fortunes
While all eyes were on the booming tanker spot markets this week, which hit decade highs, spare a thought for…
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Economou set to take full control of DryShips
George Economou’s offer to buy out the remaining shares of Nasdaq-listed DryShips has been voted through by shareholders, with the…
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What has been the most important story in shipping this decade?
We’re into the final quarter of the decade, one of the most tumultuous periods in the history of commercial shipping.…
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Fast growing Anglo International pounces for another post-panamax
UK-based Anglo International Shipping has snapped up the 98,000 dwt (built 2012) for $20m, broking sources tell Splash. The ship…
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Express Holding: Italy’s newest shipping platform
Express Holding is the latest financial player to enter the shipping industry in Italy, promising to operate in the market…
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J.D. Lan back at helm of Shih Wei Navigation
Taiwanese bulk shipping major Shih Wei Navigation has elected J.D. Lan, the company’s founder and former president, as its new…
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H-Line’s cape spree takes in new and old tonnage
H-Line Shipping of South Korea is back in the market, sniffing at capesize candidates. H-Line, who is among the biggest…
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Belships offloads supramax bulker via charter with purchase obligation
Norway’s Belships has agreed to sell 2006-built supramax bulker to Turkey’s Marti Shipping & Ship Management. The vessel, which is…
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Eagle Bulk secures increase to loan facility
US dry bulk vessel operator Eagle Bulk has secured a $34.3m incremental term loan under its existing five-year senior secured…
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Maritime CEO Forum on pole with Monaco debut
The Davos of shipping is an overused cliché these days – with every maritime conference organiser claiming to have an…
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Eastern Pacific targets technology and environment with new hires
Idan Ofer’s Eastern Pacific Shipping has expanded its management team in Singapore with the hire of a chief innovation officer,…
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