October 18th, 20190China's largest steel producer Baowu Steel Group has signed a series of strategic agreements with Brazilian miner Vale to explore partnerships in various areas. Under...
October 18th, 20190Petros Panagiotidis-led Castor Maritime has entered into an agreement to acquire a 2005-built Japanese panamax dry bulk vessel for $10.2m. The name of the vessel and...
October 17th, 20190Tanker prices have leapt across the board this week due to the hot chartering market and a shortage of available tonnage on the market. Data from Braemar ACM shows...
October 17th, 20190Norwegian bulk operator Belships has entered into a seven-year bareboat charter for a 61,000 dwt ultramax bulk carrier newbuilding. The vessel will be delivered by a...
October 16th, 20190Norway’s 2020 Bulkers and Ocean Yield have entered into a sale and leaseback deal for newbuild newcastlemax bulkers Bulk Seoul and Bulk Shanghai. Ocean Yield is...
October 16th, 20190Navios Maritime Partners has repaid its $418.5m Term Loan B via a series of refinancing measures. The refinancing includes a $301m financing from commercial banks,...
October 16th, 20190Shenzhen-listed bulk commodity trader Zheshang Development has announced a plan to acquire Zhejiang Shipping Group from its controlling shareholder Zhejiang...
October 16th, 20190Wuhan Maritime Court is going to sell the 2004-built 52,500 dwt supramax via online auction on November 10. The vessel was seized by the court at the request of the...
October 15th, 20190Mitsui OSK Lines, Japan’s largest shipowner, has upped its wind power ambitions, joining the International Windship Association (IWSA), and pushing ahead with the...
October 14th, 20190Tor Olav Trøim’s 2020 Bulkers has entered into a time charter agreement for its newcastlemax newbuilding Bulk Shanghai with a subsidiary of Glencore. The vessel...
October 11th, 20190Greek dry bulk owner Diana Shipping has entered into a time charter contract with Dubai’s Al Ghurair Resources International for 2012-built post-panamax bulker...
October 10th, 20190Limited port facilities in developing countries are giving an Italian company a chance to upscale an old business model. Corrado Cuccurullo is the CEO of Shi.E.L.D...
October 10th, 20190While all eyes were on the booming tanker spot markets this week, which hit decade highs, spare a thought for those in dry bulk who are having to contend with the real...
October 10th, 20190George Economou’s offer to buy out the remaining shares of Nasdaq-listed DryShips has been voted through by shareholders, with the deal now set to complete...
October 9th, 20191We’re into the final quarter of the decade, one of the most tumultuous periods in the history of commercial shipping. The past 10 years have seen the world’s...
October 8th, 20190UK-based Anglo International Shipping has snapped up the 98,000 dwt (built 2012) for $20m, broking sources tell Splash. The ship was purchased from its close...
October 8th, 20190Express Holding is the latest financial player to enter the shipping industry in Italy, promising to operate in the market with a different approach. “We don’t...
Dry Cargo
