Dry Cargo
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Weekly Broker: Contrasting fortunes
The dry bulk S&P market maintained a healthy volume of transactions for yet another week with increasing interests across all…
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Mads Zacho departs as J. Lauritzen splits into two entities
Danish owner J. Lauritzen has established its gas and dry bulk businesses as independent companies, Lauritzen Kosan and Lauritzen Bulkers. The company…
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Seanergy secures refinancing for capesize pair
Greek pure-play capesize owner Seanergy Maritime Holdings has secured $29.1m to refinance a loan facility that was originally due to mature…
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Cido makes rare cape sale
Hong Kong-based Cido Shipping has showed signs that it wants to shrink its exposure to the cape segment for months, marketing half its…
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Castor Maritime swoops for its fourth panamax bulker
Greek panamax bulker owner Castor Maritime has swooped for its fourth vessel with the acquisition of a 2007-built panamax bulker.…
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D’Amico Dry offloads handy bulker to Seven Seas
Ireland based shipping company d’Amico Dry, part of the Italian group d’Amico Società di Navigazione, has sold the 2015-built handysize…
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World’s first zero emission bulk carrier moves a step closer
A lucrative long-term shipping contract is up for grabs to shift grain and raw materials domestically for two large companies…
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Nisshin’s bulker sale gathers pace
Japanese heavyweight Nisshin Shipping is in selling mode again, taking advantage of the improved rates seen in the bulker segment this month. Nisshin…
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BULL: Indonesia’s fastest growing owner
As of this week the fleet of fast growing Indonesian tanker owner PT Buana Lintas Lautan (BULL) will number 33…
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Norden orders four NACKS ultramaxes
Norden has put pen to paper for four ultramaxes to be built at Nantong Cosco KHI Ship Engineering Co (NACKS).…
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Castor Maritime raises $20.7m for fleet growth
Nasdaq-listed panamax bulker owner Castor Maritime has closed a public offering, raising $20.7m, which is likely to see the company’s…
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BULL readies dry bulk entry
One of the fastest growing shipowners in Indonesia is readying an entry into the dry bulk trades. PT Buana Lintas…
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BHP scales back LNG-powered newcastlemax ambitions
Alphatanker, part of AXS Marine, is reporting that a landmark project for LNG-fuelled bulk carrier newbuildings is being scaled back.…
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GoodBulk seals $200m deal to refinance fleet
Monaco-based GoodBulk has made a significant step to improving its profitability with the sealing of a $200m refinancing of its…
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Weekly Broker: Dry bulk on the run
The decent transaction flow in the second hand bulker sale and purchase market continued for another week with the rates…
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Bulk carrier takes out Panamanian rail bridge
The Panama Canal Authority is investigating how a bulk carrier, the , ploughed into a railway bridge while under tow…
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StandShip debuts dual deadweight neo-panamax bulk carrier design
Class society ABS has granted approval in principle to a dual deadweight neo-panamax bulk carrier design from the StandShip Joint…
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FOSCO makes cape entrance
Numerous broking reports report that low key Fujian based bulker owner Fujian Ocean Shipping has snapped up its biggest ship today. …
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CSC Phoenix to scrap handy bulker
Chinese dry bulk shipping operator CSC Phoenix has announced a plan to list its 1987-built 42,336 dwt handy bulker for…
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Shanghai Ganglu Shipping orders supramax pair at Yangzijiang
Chinese bulk shipping operator Shanghai Ganglu Shipping has signed shipbuilding contracts with Yangzijiang Shipbuilding for the construction of two 56,000…
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