Dry Cargo News - Dry Bulk Shipping & Commodity Industry Updates

Dry Cargo

Diana Shipping kamsarmax charter extended by Glencore

October 18th, 20180 Greek dry bulk owner Diana Shipping has extended the current time charter contract with Glencore for 2013-built kamsarmax bulker . The new contract commenced this...

Dry Cargo

Rosco fleet up for sale again

October 17th, 20180 Chinese owner Rewood Ocean Shipping (Rosco) has listed its entire fleet for sale again, having failed to conclude a deal to sell the vessels in May. John Michael...

Dry Cargo

Seafarer dies after falling from CSL bulker

October 17th, 20180 A Canadian crewmember from handysize bulk carrier died after he fell off the ship into the St Lawrence Seaway on Tuesday. According to local reports, the 57-year-old...

Dry Cargo

EuroDry eyes fleet expansion after $30m refinancing

October 16th, 20180 Greek dry bulk owner EuroDry, recently spun out from Euroseas, says it has refinanced the debt on four of its vessels with $30m worth of new loans. EuroDry has...

Dry Cargo

Why you’d have to be mad to order a new bulker today

October 15th, 20180 Average index rates for smaller bulkers enjoyed their highest rates in the third quarter since 2011, according to the head of Hong Kong’s largest shipping line,...

Dry Cargo

CSSC Shipping adds two mini capes at Huangpu Wenchong

October 15th, 20181 CSSC Shipping, the shipowning unit of China State Shipbuilding Corporation, has exercised options to construct two more 120,000 dwt mini capesize bulkers at CSSC Huangpu...

Dry Cargo

Cape market in the Pacific on fire: Radziwill

October 12th, 20180 The Pacific market for capesizes is “on fire”, according to John Michael Radziwill. Speaking at last week’s Maritime CEO Forum in Hong Kong, the GoodBulk boss was...

Dry Cargo

Supramax sales soar

October 12th, 20180 It’s boiling hot in the supramax segment in the second week of October and a handful of prominent Greek owners have been bidding for ships. One interesting ship...

Dry Cargo

H-Line orders LNG-powered cape duo at Hyundai Samho

October 12th, 20180 Fresh from sealing funds this week from newly incorporated state vehicle Korea Ocean Business Corp, H-Line Shipping has wasted no time rushing to a local yard to order...

Dry Cargo

ICBC Leasing sells panamax bulker

October 12th, 20180 Chinese ship leasing house ICBC Leasing has sold its 2001-built panamax bulker via an auction at Guangzhou Shipping Exchange. The 75,900 dwt vessel has been sold to...

Dry Cargo

Weekly Broker: Q4 off with a bang

October 11th, 20180 Investors’ wait-and-see approach has finally transformed into action with a strong start in S&P action in the fourth quarter. Activity has been most pronounced in...

Dry Cargo

Out of control Chinese bulker collides with three river vessels, four missing

October 11th, 20180 Panamax bulk carrier , operated by Fujian Guohang Ocean Shipping, collided with three river vessels at Zhenjiang anchorage on Tuesday evening. The three vessels were...

Dry Cargo

Tianjin Shunhang’s CSC Phoenix stake to be auctioned by court

October 10th, 20180 Chinese domestic dry bulk shipping operator CSC Phoenix has announced that a court in Shenzhen has ruled to auction its controlling shareholder Tianjin Shunhang...

Dry Cargo

Seoul extends state aid to more local lines

October 10th, 20181 Fresh from lavishing national flagship HMM with $5.4bn in state funds, newly incorporated Korea Ocean Business Corp has set aside a further $122m for four more local...

Dry Cargo

BW puts its first two kamsarmaxes in the shop window

October 10th, 20180 BW Dry Cargo, founded in April 2016, is looking to cash in on rising prices for kamsarmaxes, putting the first two ships it bought in the shop window. Splash...

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Splash Dash

Rosco fleet up for sale again
Chinese owner Rewood Ocean Shipping (Rosco) has listed its entire fleet for sale again, having... Oct 17th, 2018 inDry Cargo
Oltmann makes KG return
A decade since it last dabbled in the KG markets, Germany’s Oltmann Group has launched a new... Oct 17th, 2018 inEurope
V.Group acquires Norddeutsche Reederei H. Schuldt
Shipmanagement giant V.Group continues its growth by acquisition strategy, signing a deal with... Oct 17th, 2018 inOperations
Formosa Plastics pushes ahead with fleet clearout
Taiwanese conglomerate Formosa Plastics is having a fleet clearout with a host of different ship... Oct 17th, 2018 inGreater China
ONE set for singularly awful first year with $600m loss
Carrier consolidation can prove tricky as evidenced today with news of a massive revision of... Oct 16th, 2018 inContainers

More than 80,000 hit by German box leasing Ponzi scheme

Diana Shipping kamsarmax charter extended by Glencore

DeepOcean awarded Australian contract

Adani and Total partner up to develop LNG terminals

Seafarer dies after falling from CSL bulker

Seaboard and BBC Chartering seek joint Americas coverage

Ulstein gets in on the Jones Act with Aeolus Energy SOV deal

Intel chips in on Rolls-Royce’s autonomous shipping drive

Pilot in hot water over last year’s most watched shipping accident

Gulf Energy Maritime puts its handysize tankers up for sale

Gulf Marine Services secures liftboat contract

Höegh LNG vessel to leave Egypt

Adani and Total partner up to develop LNG terminals

ONE set for singularly awful first year with $600m loss

Minsheng Financial Leasing snaps up five PIL boxships

HMM denies move to take over SM Line’s transpacific business

Rizhao Port sets up logistics jv with Cosco

Rosco fleet up for sale again

Formosa Plastics pushes ahead with fleet clearout

Minsheng Financial Leasing snaps up five PIL boxships

Weekly Broker: Modern bulkers in high demand