Dry Cargo
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Baltimore bridge investigation targets ship’s electrical failure
Investigators in Baltimore are focusing on the Dali’s electrical power system and its circuit breakers and have called in the…
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Geneva Dry Dialogues: Propel Marine
Established in 2018 and headquartered in Western Australia, Propel Marine has built a strong name for itself as a go-to…
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Panama Canal Authority warns restrictions will remain in place throughout 2024
The Panama Canal Authority (ACP) has claimed that the tide has turned in its ongoing battle to get back to…
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Star Bulk and Eagle Bulk complete merger
Dry bulk heavyweights Star Bulk Carriers of Greece and US-based Eagle Bulk Shipping have officially combined in an all-stock deal,…
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Handy bulker prices remain firm
Sales in dry bulk are easing in line with the cooling of the Baltic Dry Index, which has dropped by…
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Gearbulk signs for up to four bulkers in China
Norwegian open hatch bulker owner Gearbulk has contracted up to four ammonia and methanol-ready 82,300 dwt newbuilds at CSSC Huangpu…
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Canada’s CSL buys half of Peak Group to expand market footprint
Canadian owner CSL has acquired 50% of Norway’s Peak Group, joining shortsea operations in Northern Europe and assets within the…
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Niels Josefsen to step down at Lauritzen Bulkers
Niels Josefsen is stepping down as chief executive of Danish handysize player Lauritzen Bulkers. The Copenhagen-based outfit said Josefsen has…
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Eagle Bulk shareholders green light Star Bulk takeover
Shareholders of US-based Eagle Bulk Shipping have voted in favour of a proposed merger with Greek dry bulk giant Star…
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Panama Canal restrictions set to ease as rains roll in
Weather forecasts have plenty of rain heading Panama’s way with many in international shipping predicting that the worst has now…
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Industrial Jenga: the battle to reopen Baltimore port
The port of Baltimore could be up and running at full capacity by the end of next month under a…
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DP World teams with Rumo for new $500m grain and fertiliser terminal at Brazil’s Santos port
Dubai-based terminal operator DP World has partnered up with Brazilian railway operator Rumo to build a grain and fertilizer terminal…
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E. Nomikos buys panamax
Greece’s E. Nomikos Corp, a privately owned shipping company, has added its first ship in two years, tabling just under…
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Precious Shipping sells ageing supramax in fleet renewal push
Thai dry bulk player Precious Shipping has continued its fleet renewal push with the sale of a 2013-built supramax. The…
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Washington seeks new ways to deescalate Red Sea shipping crisis
The US is trying a new carrot-and-stick approach in its dealings with the Houthis in Yemen. On the one hand,…
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Salvors wait for improved weather in Baltimore
Appalling weather conditions are set to ease in the coming days making salvage operations at Baltimore port easier. One of…
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Intercargo and RightShip launch centre of excellence for dry bulk shipping
Bulker owners’ association Intercargo and risk management platform RightShip have established an independent not-for-profit organisation dedicated to reducing operational incidents,…
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Ultramax orders pile up at New Dayang
Busy Chinese builder New Dayang has secured more orders for ultramax bulk carrier newbuildings. Beijing-based leasing company Huaxia Financial Leasing…
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‘Pancaked’ bridge wedged in mud hampers Baltimore salvage ops
Sonar images released yesterday show the magnitude of the job that divers and salvage workers face as they begin to…
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Golf competition set to tee off Geneva Dry
Helping turn Geneva Dry into a significant Swiss shipping week, broker IFCHOR GALBRAITHS (IG) and law firm Holman Fenwick Willan…
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