Dry Cargo News - Dry Bulk Shipping & Commodity Industry Updates

Dry Cargo

DryShips offloads ageing panamax pair

June 18th, 20180 George Economou’s DryShips has trimmed its fleet by two, selling a pair of 2002-built panamax bulkers for a total of $18.8m. The two vessels, which match the...

Dry Cargo

Noble Group sells another kamsarmax to Transmed Shipping

June 15th, 20180 Hong Kong commodity trader Noble Group has entered into an agreement with Greek owner Transmed Shipping for the sale of 2015-built kamsarmax bulker . The disposal...

Dry Cargo

Genco takes two capes and two ultramaxes in $141m en bloc deal

June 15th, 20180 New York-based dry bulk shipowner Genco Shipping & Trading has revealed the en bloc acquisition of four bulkers, two capesizes and two ultramaxes, for a total of...

Dry Cargo

Truckers’ strike hits Brazil’s soy exports hard

June 14th, 20180 A protracted truckers strike in Brazil sees more than 60 vessels facing loading delays out of South America’s largest nation. Fighting for better pay since last...

Dry Cargo

Belships offer represents chance for Tidemands to put all bulkers under one roof again

June 14th, 20180 Tidships $32m offer to take over fellow Norwegian bulker owner Belships represents a circle being closed in the family history of the Tidemand family. Splash reported...

Dry Cargo

Weekly Broker: Lighter Posidonia hangover a sign of the bargains on offer

June 14th, 20180 The normal Posidonia hangover in the S&P markets has not been as keenly felt this year, a likely sign that owners continue to waste little time to hoover up bargains...

Dry Cargo

Eolos Shipmanagement scores above market $15m for its last kamsarmax

June 14th, 20180 Georgios Feidakis’ privately held Eolos Shipmanagement has sold its last ship, pocketing a very tidy sum for an eight-year kamsarmax. Feidakis, who founded Nasdaq...

Dry Cargo

Zodiac Maritime quietly adds Japanese kamsarmax bulker

June 14th, 20180 Eyal Ofer's Zodiac Maritime has gone under the radar to add a Tsuneishi-built kamsarmax bulker to its fleet in an off-market transaction. Zodiac picked up the...

Dry Cargo

Norden offers share sweetener to keep key staff sweet

June 14th, 20180 Citing the increased likelihood of senior management in shipping being poached by rivals, Danish shipping line Norden has revised its remuneration policy. Norden is...

Dry Cargo

Orient Shipping snaps up Fairmont handy

June 14th, 20180 Dutch dry bulk owner Orient Shipping has snapped up a Mitsubishi-built handysize from the Ho family-controlled Fairmont Shipping. The 2009-built vessel changed hands...

Dry Cargo

JT Cement orders second cement carrier from Ferus Smit Shipyard

June 13th, 20180 Lidköping-based shipping company Erik Thun has announced that JT Cement, a joint venture controlled together with KGJ Cement and Nova Algoma Cement Carriers, has...

Dry Cargo

Tidships moves to acquire Belships

June 13th, 20180 Norwegian bulker operator Belships has announced that it has received a voluntary cash offer from Consensio, a fully-owned subsidiary of Tidships, to acquire all...

Dry Cargo

CSC Phoenix rocked by resignation of 42 employees

June 12th, 20180 Chinese bulk shipping operator CSC Phoenix’s future operations has become uncertain with the company facing mass employee resignations. According to a release by...

Dry Cargo

Scorpio Bulkers secures new loan for kamsarmax pair

June 12th, 20180 Emanele Lauro’s Scorpio Bulkers has received a commitment for a loan facility of up to $30m from ING Bank to refinance two of the company’s kamsarmax bulk carriers,...

Dry Cargo

Premuda and Star Bulk tipped to bid for RBD Armatori’s fleet

June 11th, 20180 At least two companies are very likely to make an offer for Italian owner RBD Armatori’s fleet to be sold at auction for $200m on July 24, sources tell Splash. The...

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Splash Dash

HSH Nordbank readies shipping return
Emblematic of shipping’s changing fortunes, Germany’s much-maligned HSH Nordbank has said it... Jun 15th, 2018 inFinance and Insurance
Schulte launches Hanseatic Capital Management out of Cyprus
Hanseatic Capital Management (HCM) has been launched by Germany’s Schulte Group, acting as the... Jun 15th, 2018 inFinance and Insurance
Drilling into human data at sea
Steven Jones, the founder of the Seafarers Happiness Index, writes exclusively for Splash today,... Jun 15th, 2018 inOperations
Five key differences between Posidonians and Vouliadonians. Which are you?
Jon Chaplin from Spinnaker Global has the final, wry word on last week’s mammoth series of events... Jun 14th, 2018 inContributions
Varun’s Khatau plots comeback
Bust shipowners rarely go under for long. In India, one of the country’s most high profile... Jun 14th, 2018 inAsia
Weekly Broker: Lighter Posidonia hangover a sign of the bargains on offer
The normal Posidonia hangover in the S&P markets has not been as keenly felt this year, a... Jun 14th, 2018 inOperations

Navios Containers takes up to nine more boxships, files for IPO

DryShips offloads ageing panamax pair

Capital Product Partners fixes tanker quartet to Petrobras

HSH Nordbank readies shipping return

Dorian LPG rejects BW takeover bid

SSA commits to Oakland

Genco takes two capes and two ultramaxes in $141m en bloc deal

Euronav completes sale of six VLCCs to International Seaways

Nakilat buys into Excelerate Energy FSRU

Oman Drydock to enter shipbuilding sector

Shelf Drilling to raise $250m from Oslo IPO

Abu Dhabi Ports introduces blockchain technology

NYK books Oshima coal carrier

Dorian LPG rejects BW takeover bid

Fire rips through Shreyas boxship off Kolkata

Yinson set to close Nigerian FPSO deal

Sun set for jail in latest anti-graft investigation in China

Yangpu Sinowell Shipping dismisses bankruptcy rumours

Noble Group sells another kamsarmax to Transmed Shipping

OHT orders up to four heavylift vessels at CMHI

NYK books Oshima coal carrier