Dry Cargo
-
China reveals largest ever drop in monthly steel output as struggling property developers roil markets
Amid the bullish pronouncements for the cape sector, one alarming statistic has given owners pause for thought. Beijing revealed this…
Read More » -
SFL sells its seven handy bulkers to CDB Leasing for $100m
John Fredriksen’s SFL Corporation has struck a deal with China Development Bank Financial Leasing (CDB Leasing) to sell its seven…
Read More » -
Growing Chinese port congestion fires capes to 12-year highs
Capesize spot rates are rocketing once again, having risen by more than $5,000 on a Friday and a further $6,736…
Read More » -
Castor Maritime seals three new charters
Nasdaq-listed Greek owner Castor Maritime has landed time charter contracts for three of its bulk carriers. The charterers have not…
Read More » -
Diana Shipping fixes post-panamax to BG Shipping
New York-listed bulker owner Diana Shipping has sealed a new time charter contract with BG Shipping for the 2012-built post-panamax…
Read More » -
Ciner orders ultramax quartet in China
This month, Turgay Ciner and his Ciner Ship Management has fattened the outfit’s bulker arm significantly. Over the weekend, brokers…
Read More » -
Short-term contract in place for dredging of Argentina’s Parana River
Belgian company Jan de Nul has signed a short-term contract for the continued dredging of Argentina’s Parana River. The company…
Read More » -
Diana Shipping seals new kamsarmax charter with Solebay
NYSE-listed Greek bulker owner Diana Shipping has sealed a new a time charter contract with Chinese firm Solebay Shipping Transocean…
Read More » -
Diana Shipping clinches new capesize charter with Koch at higher rate
New York-listed bulker owner Diana Shipping has entered into a new time charter contract with Koch Shipping for the 2009-built…
Read More » -
Golden Ocean orders three kamsarmaxes in China
Golden Ocean Group has managed to bag some comparatively early delivery slots in China, revealing today orders for three kamsarmaxes.…
Read More » -
Seanergy puts latest capesize purchase to work
Nasdaq-listed Greek capesize bulker owner Seanergy Maritime Holdings has taken delivery of its latest secondhand acquisition and wasted no time…
Read More » -
NGM Energy seals fourth cape deal of the year
Broking sources tell Splash that Nicholas George Moundreas’s NGM Energy now tops the charts as the most active private buyer…
Read More » -
Summer’s dog days see dry bulk market still playing the waiting game
Champagne corks are popping but adjust for the impact of China’s port delays and the outlook shows greater fragility writes…
Read More » -
Diana Shipping fixes another bulker to Uniper
Greek dry bulk owner Diana Shipping has sealed another time charter deal with Uniper Global Commodities, this time for the…
Read More » -
Bauxite exports continue despite Guinea coup
Aluminium prices hit decade highs yesterday on the back of the coup news coming out of Guinea, a key supplier…
Read More » -
Lauritzen Bulkers sells handy to Pacific Basin
Leading Scandinavian handysize player, Lauritzen Bulkers, has sold the nine-year-old-38,200 dwt Japanese built for a very firm $20m. Hong Kong’s…
Read More » -
Pan Ocean’s fleet set to break through the 300 mark
Pan Ocean, South Korea’s number one bulk line, has revealed what a busy year it has had to date in…
Read More » -
ClarkSea Index enjoys its longest ever stretch of continuous month-on-month improvement
The ClarkSea Index has enjoyed its longest ever stretch of continuous month-on-month improvement, another sign of how this year’s bull-run…
Read More » -
Asian dry bulk owners take the lead in accepting containers on deck
Swire Bulk is among the confirmed first dry bulk owners to be actively moving containers on its dedicated fleet of…
Read More » -
Fednav pushes ahead fleet renewal with ten new lakers from Japan
Canadian bulk carrier operator Fednav has signed a shipbuilding contract with Japan’s Sumisho Marine and Oshima Shipbuilding for ten lake-fitted…
Read More »