Dry Cargo
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NGM Energy sells 2010-built cape for $32.5m
The highly active S&P markets continue with notable activity in the bulker sector. This week, a famous Greek name has…
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Ukraine sets war-time grain exports record
More than 1,000 merchant ships have transited Ukraine’s seven-and-a-half-month-old grain corridor in the Black Sea, making the new export channel…
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Sanko sells last ship
One of the most famous names in Japanese shipowning history, Sanko Steamship, has let go of its last ship. The…
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Swire Bulk sells its two oldest ships
Broking reports show Singapore’s Swire Bulk has let go of its two oldest ships. Swire Bulk, which boasts one of…
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Extra hotel booked as interest ramps up for inaugural Geneva Dry
Due to overwhelming demand the event organisers of Geneva Dry have reached out to a nearby five-star hotel to reserve…
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Grindrod secures up to $113m in debt refinancing
Grindrod Shipping has struck a deal for an $83m loan with Nordea Bank and SEB Bank (Singapore). The Singapore-based bulker…
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Shipping warned sanctions inflation is running ‘red hot’
The minefield shipping faces in avoiding dealing with sanctioned entities has become far more treacherous in recent years. Exclusive data…
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Shipping mourns first deaths from Red Sea crisis
Top officials from across the shipping industry have expressed their feelings about the first loss of lives from the five-month…
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Geneva Dry Dialogues: Veson Nautical
Veson Nautical, one of the 45 sponsors present at Geneva Dry, is ready to bring a treasure trove of data…
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Oldendorff sells three post-panamaxes
As bulker prices are at highs not seen for more than a decade, a pattern is emerging where smaller owners…
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Safe Bulkers offloads two ships in strong secondhand market
New York-listed Safe Bulkers has continued its fleet renewal programme and also taken advantage of firming tonnage prices having agreed…
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First casualties feared in Red Sea shipping crisis as crew abandon missile-struck bulker
The Barbados-flagged, 50,448 dwt bulker was damaged in a missile attack off Yemen with several crew members missing. According to…
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Economou takes Seanergy boss Tsantanis to court
Greek shipowner George Economou has filed a lawsuit in the Marshall Islands against fellow capesize specialist Seanergy Maritime, its supremo…
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Genco rejects Economou’s board nominees
US-listed bulker owner Genco Shipping & Trading has rejected Greek shipowner George Economou’s two nominees to its board, saying that…
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Geneva Dry Dialogues: PortLog
Dry bulk is both fun and frustrating, says Sigrid Teig, commercial director at PortLog, a predictive analytics technology platform designed…
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SSY sets up agricultural commodities unit
UK shipbroking group SSY is bolstering its footprint in the commodities sector with the launch of a dedicated agricultural derivatives…
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Houthis move to tighten grip on Red Sea shipping
Emboldened by their first ship sinking the Houthis are now insisting any ships entering their territorial waters need to obtain…
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Sastry rebrands Arise Shipping & Logistics
Arise Shipping & Logistics has rebranded as Adhira Shipping and Logistics (ASL) following the full takeover of the company by…
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Western Bulk appoints interim chief executive
Norwegian dry bulk operator Western Bulk Chartering has appointed board member Ørjan Svanevik as interim chief executive officer. Svanevik, the…
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Diana Shipping charters out ice-class panamax to Louis Dreyfus
New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Louis Dreyfus Company Freight for…
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