Dry Cargo
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Fujian Shipping Company sets up shipmanagement unit
Chinese state-run Fujian Shipping Company (Fusco) has announced the establishment of dedicated shipmanagement unit Zhongping Shipmanagement. Fusco said the setup…
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Franbo Lines grows fleet with Fairwind MPP charter
Taiwanese bulk shipping operator Franbo Lines has announced that the company has chartered in the 2015-built multipurpose vessel . The…
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Ships today are travelling 17.4% slower than before Lehman Brothers collapsed
Cargoes are taking ever longer to reach their destinations in the continued fallout shipping has felt from the global financial…
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Precious Shipping and Sainty Marine settle newbuild contract dispute
Thai bulk carrier owner Precious Shipping has entered into a settlement agreement with Jiangsu Guoxin Investment Group, the parent of…
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Jinhui adds to supramax fleet with Alloceans deal
Chinese dry bulk owner Jinhui Shipping and Transportation has added to its fleet with the acquisition of 2001-built supramax bulker…
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Centrofin bags sought after cape
Greek shipping outfit Centrofin has made its first bulker move since 2016. Broker sources say the 28-ship strong outfit has emerged…
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Vogemann touts new blockchain-based handy Green Deal
German shipping company Vogemann has started a new way of financing, using blockchain-based Green Shipping Token to expand its fleet of bulk…
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Castor Maritime seals fixture with Oldendorff for newly acquired panamax
Greek Nasdaq-listed panamax bulker owner Castor Maritime has entered into a new time charter agreement with Oldendorff Carriers for its newly…
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Keystone Shipping lays up three Great Lakes bulkers and lays off 94 employees
Pennsylvania-based Great Lakes bulker operator Keystone Shipping has sent three of nine bulkers in its fleet into layup due to…
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Weekly Broker: Cape scramble
The dry bulk sale and purchase market has stayed bullish this past week with large size vessels being the main…
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Diana Shipping fixes panamax to Glencore
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Glencore’s ST Shipping and Transport for 2010-built…
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Agricore doubles down on capes
Chinese owners are among the most active bidders in the capesize segment with several new, low key players adding their…
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Swire Bulk separates from China Navigation
China Navigation (CNCo) announced today its intention to separate out its dry bulk shipping activities from its liner shipping and…
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Renewed confidence for cape owners
Capesizes have settled above $30,000 per day this month with an increasing amount of analysts suggesting the good times are…
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Seanergy seals acquisition of Japanese capesize
Greek capesize owner Seanergy Maritime Holdings has announced the acquisition of a secondhand capesize, growing its fleet to 11 vessels.…
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Berge Bulk takes K Line newcastlemax
Kawasaki Kisen Kaisha (K Line) is pruning its fleet, letting go of a newcatlesmax and a post-panamax. James Marshall-led Berge…
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H-Line in for five VLOC resales
Allied Shipbroking is reporting five Polaris Shipping VLOCs under construction at Hyundai Heavy Industries have been snapped up by fellow…
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Nomikos bulker charged in Philippine trawler collision case
The Philippine Coast Guard has filed criminal charges against the owner and crew of the bulk carrier , accused of…
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Asian coal demand fills the gap left by Japan and Europe
Coal’s demise as a significant backbone to the global dry bulk trades is not coming any time soon, new research…
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Pacific Basin signals impairment of $198m on handysize fleet
Hong Kong’s biggest shipowner, Pacific Basin, has issued a warning to shareholders and potential investors that due to the softness…
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