Dry Cargo
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Swiss Re report captures the extent of global shipping disruption
Insurer Swiss Re has come up with a chart to highlight the dramatic changes to the world seaborne map in…
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Shih Wei Navigation inks first bulker orders in nearly a decade
Shih Wei Navigation has ended close to a decade-long order drought by signing up for ultramax bulk carrier newbuilds in…
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HMM privatisation process collapses
The long planned privatisation plans for South Korea’s flagship carrier lie in ruin today. Harim Group, whose bid with a…
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Twin strikes take Houthi ship attacks to the 50 mark
With more missiles yesterday the Houthis took their merchant ship strikes to the 50 mark, underlining the severity of the…
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W Marine orders first newbuilds since 2006
Greece’s W Marine has ordered a pair of 82,000 dwt kamsarmaxes in China, marking its first newbuild foray in nearly…
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Star Bulk ships out 17-year-old cape for $20m
Greek dry bulk giant Star Bulk Carriers has offloaded its 17-year-old capesize in what has been a very active S&P…
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Ship damaged as ceasefire talks are discussed around the Middle East
A Barbados-flagged, United Kingdom-owned general cargo ship incurred physical damage from a drone hit in between Eritrea and Yemen just…
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Will the Year of the Dragon spring some surprises?
Pierre Aury on the four big topics shipping needs to be aware of in the coming months. So where is…
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Hayfin signs for bulker newbuilds at Oshima
Hayfin Capital Management has contracted Oshima Shipbuilding in Japan through Sumisho Marine for a pair of post-panamax bulk carrier newbuilds.…
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Tehran warns Pentagon to steer clear of two IRISL ‘spy’ ships
The US military struck multiple Houthi positions in Yemen over the weekend, while Iran warned the US yesterday to avoid…
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Meadway rebrands itself as Drydel Shipping
Greece’s Meadway Shipping and Trading is changing the name of its operations this month. Effective February 19, the Costas Dellaportas-led…
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Foremost sells off two older capes
Hot on the heels of newbuild orders for four methanol-powered kamsarmax bulkers in China, New York-based Foremost Group is offloading…
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Jinhui in $31m capesize swoop
Chinese bulker owner and operator Jinhui Shipping and Transportation is expanding its fleet with a capesize purchase from Taiwan’s Hsin…
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Monaco’s Transocean orders ultramax pair at New Dayang
Monaco-headquartered Transocean Maritime Agencies has emerged behind an order for two ultramaxes in China. Brokers report the bulker and tanker…
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Diana Shipping fixes out newcastlemax to NYK
New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Japanese shipowner Nippon Yusen Kaisha…
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European partnership converting bulker to climate-neutral fuels and green power
A new project will see companies and researchers from Europe develop and convert a bulk carrier to sail on climate-neutral…
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Industry heavyweights weigh in on Red Sea security solutions for shipping
Arsenio Dominguez, the new secretary-general of the International Maritime Organization (IMO), has called for a “multi-faceted” solution to the ongoing…
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Seanergy lines up capesize for hydrogen retrofit
Nasdaq-listed Greek capesize specialist Seanergy Maritime has joined a European Union-backed project aiming to demonstrate the use of hydrogen as…
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Foremost bulker rams bridge in Argentina
A kamsarmax bulk carrier of US-based Foremost Group has suffered damage after crashing into a bridge in Argentina. The Liberian-flagged…
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Panagiotidis family member picks up Castor bulker pair
Cyprus-based owner Castor Maritime has sold two of its 2010-built panamax bulk carriers to family members of its chairman and…
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