Dry Cargo News - Dry Bulk Shipping & Commodity Industry Updates

Dry Cargo

Safe Bulkers acquires secondhand capesize at bargain price

August 14th, 20180 Greek dry bulk owner Safe Bulkers says it has acquired a 2009-built Japanese capesize at what it says is an attractive price. The vessel will head for a dry docking...

Dry Cargo

Pan Ocean back at New Times for more bulkers

August 14th, 20180 South Korea’s Pan Ocean, in the midst of a significant fleet rejuvenation programme, has eschewed local shipbuilders and headed to China for its latest...

Dry Cargo

Fortune Ocean exercises bulker options

August 14th, 20180 Chinese owner Fortune Ocean has exercised options for bulkers from an order originally placed a year ago. Tianjing Xingang Shipyard will build two more 82,000 dwt...

Dry Cargo

Diana Shipping seals new panamax charters with Hudson Shipping Lines

August 14th, 20180 Greek owner Diana Shipping has sealed deals for the charter of a pair of panamax bulkers to Hudson Shipping Lines. Hudson is extending the time charter of 2004-built...

Dry Cargo

Five Stars Fujian capesize sold at auction

August 13th, 20180 China’s Beihai Maritime Court has sold the 2009-built 181,400dwt capesize bulker at auction. The vessel had been detained by the court since 2016 at the request of...

Dry Cargo

Triomphe Shipping Lines makes debut in Singapore

August 10th, 20180 French agricultural group Invivo Grains and Global Equity Group have partnered to form Triomphe Shipping Lines in Singapore. According to its website, Triomphe’s...

Dry Cargo

Shareholders set to vote on Noble Group restructuring plan

August 10th, 20180 Embattled Hong Kong commodity trader Noble Group will be holding a special general meeting on August 27 for shareholders to vote on the company’s restructuring...

Dry Cargo

‘Dry bulk supply expanding at lowest pace of the last decade’: Pappas

August 10th, 20180 The CEO of the largest New York-listed bulker outfit has given a bullish outlook on prospects for the sector. Commenting during Star Bulk’s second quarter results...

Dry Cargo

Kassian Maritime picks up Japanese capesize

August 10th, 20180 Greek owner Kassian Maritime Navigation, controlled by the Pappadakis family, has acquired 2006-built capesize bulker according to brokers. It is reported that the...

Dry Cargo

Norden joins Maersk in downgrading full year forecast

August 9th, 20180 Citing the “very weak” tanker spot market, Norden has become the second Danish owner in consecutive days to lower its full year financial forecast. Norden warned...

Dry Cargo

Weekly Broker: Deals filter through despite holiday lull

August 9th, 20180 The effect of summer holidays continues to show in the sale and purchase market with more potential buyers moving to the sidelines of the beach. The latest Fearnleys...

Dry Cargo

Ningbo Marine secures three-year coal shipping contract extension

August 9th, 20180 Chinese bulker operator Ningbo Marine has entered into a new contract with Zhejiang Zheneng Fuxing Fuel for coal shipping services. The contract is for a period of...

Dry Cargo

Vinalines IPO set for September 5

August 8th, 20180 State-owned Vietnam National Shipping Lines (Vinalines) is finally proceeding with a much delayed initial public offering. More than five years in the making, Vinalines...

Dry Cargo

Court to auction Hua Yun Shipping handymax

August 7th, 20180 Ningbo Maritime Court will hold an auction for 2008-built handymax bulker via online platform Taobao on August 21. The proceeds from the auction will be used to...

Dry Cargo

Scorpio Bulkers seals new $184m loan

August 6th, 20180 Emanuele Lauro's Scorpio Bulkers has received a commitment from Nordea and Skandinaviska Enskilda Banken for a loan facility of up to $184m. The facility, made up of...

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Splash Dash

VLCC terminals set to spread far and wide across the US Gulf
New York-based tanker broker Poten & Partners has detailed the sudden raft of landmark VLCC... Aug 13th, 2018 inTankers
Zeaborn gets rid of famous German shipping brands ER Schiffahrt and Rickmers Shipmanagement
One of Germany’s chief shipping consolidators, Bremen-based Zeaborn Group is combining its... Aug 13th, 2018 inEurope
AXSMarine: Platform wars reignite
Jacques Goudchaux admits a sense of déjà vu with the current shipping platform wars. The  CEO... Aug 13th, 2018 inMaritime CEO
Where maritime has gone wrong with LinkedIn
Charlie Whyman, an independent marketing strategist and LinkedIn trainer, writes exclusively for... Aug 13th, 2018 inContributions
HMM jettisons Hyundai heritage in rebrand
South Korean shipping major Hyundai Merchant Marine (HMM) is now undergoing a rebranding process... Aug 10th, 2018 inContainers

Safe Bulkers acquires secondhand capesize at bargain price

Diana Shipping seals new panamax charters with Hudson Shipping Lines

IKM Subsea scores Aker BP IMR contract

Zeaborn gets rid of famous German shipping brands ER Schiffahrt and Rickmers Shipmanagement

Rowan jackup awarded new Cantium contract

VLCC terminals set to spread far and wide across the US Gulf

Maersk and IBM reveal TradeLens blockchain platform

Vantage Drilling acquiring jackup rig

Idan Ofer’s XT pounces for feeder boxship

Unifeeder & DP World: The curious marriage on the short seas

Tristar acquires Shell’s Dubai chemical terminal

DP World acquires Unifeeder for $764m in new chapter for containerisation

Pan Ocean back at New Times for more bulkers

IHI’s Aichi Works closes for good

Samsung Heavy considers compulsory leave plan for employees

Jasa Marine secures AHTS contract from Murphy Oil

Iceberg seeks to sink Noble with lawsuit campaign

Pan Ocean back at New Times for more bulkers

Fortune Ocean exercises bulker options

ZPMC keeps up search for semi-sub conversion candidates

Iceberg seeks to sink Noble with lawsuit campaign