Dry Cargo
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Castor Maritime linked to three more bulkers
Nasdaq-listed Greek dry bulk owner Castor Maritime has been linked by shipbrokers to two separate deals for a total of…
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U-Ming orders newcastlemax quartet at Qingdao Beihai Shipbuilding
Taiwanese owner U-Ming has entered into shipbuilding contracts with Qingdao Beihai Shipbuilding for the construction of up to four 210,000…
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Tongli Shipping inks kamsarmax sale and leaseback deal with CSSC Shipping
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has entered into a sale and leaseback deal with…
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Bulker prices firm, focus turns to kamsarmaxes
Secondhand bulk carrier prices are firming despite a week of softening spot rates. Buying interest is increasingly focused on smaller…
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Launch of MOL Drybulk
Mitsui OSK Lines (MOL) is rebranding its sub-cape dry bulk segments. Last month Japan’s largest shipowner by fleet size announced…
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Eagle Bulk takes its fifth Scorpio ultramax in cash plus shares deal
US-based owner Eagle Bulk has acquired the 2017-built ultramax bulker from Monaco’s Scorpio Bulkers in a cash plus shares deal.…
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China Merchants reviews chartering tactics as losses accumulate
China Merchants Energy Transportation (CMES) has reported an estimated total loss of RMB121.6m ($18.8m) across 14 bulkers it has chartered…
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Weekly Broker: No let up in busy start to 2021
Dry bulk vessels continued to change hands at pace this week, despite the spot market showing some serious corrections. Several…
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Boomsma Shipping commences wind propulsion trials
Dutch owner Boomsma Shipping has commenced trail operations of its first ship equipped with wind assisted propulsion system. The company’s…
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Oldendorff commits to wind propulsion development
Germany’s Oldendorff Carriers has signed a joint development project (JDP) with Anemoi Marine Technologies, Lloyd’s Register and Shanghai Merchant Ship…
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Coal carrier queue eases off northern China
Chinese buyers of Australian coal are finding new markets to sell their banned substances, helping ease the ship queues in…
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Capes trade hands rapidly
Ten capesizes have changed hands in the first weeks of 2021, a very active start to the year in a…
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Thoresen Thai buys another Scorpio ultramax
Thai owner Thoresen Thai has announced the acquisition of a 2016-built 61,144 dwt ultramax vessel. The vessel has been identified…
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Castor Maritime seals new loan to aid fleet growth
Nasdaq-listed dry bulk owner Castor Maritime has closed a $15.3m senior term loan facility with a European financial institution, secured…
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Nantong Xiangyu secures orders for up to six bulkers
Nantong Xiangyu Shipbuilding and Offshore Engineering has announced that it has secured newbuilding orders for the construction of up to…
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Changjiang Shipping orders river bulker at Dajin Heavy
Changjiang Shipping, part of Sinotrans & CSC, has placed an order at Dajin Heavy Industry, the subsidiary yard of Shanghai…
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RightShip and Intercargo unveil new dry bulk quality standard
RightShip and Intercargo have jointly announced the launch of a new quality standard for the dry bulk sector, DryBMS. The…
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Diana Shipping seals new panamax bulker charter with Viterra
Greek owner Diana Shipping has entered into a time charter contract with Viterra Chartering for 2005-built panamax bulker . The…
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EGPN enters cape segment
Hong Kong-registered bulker player EGPN has emerged as the highest bidder for a 180,000 dwt cape from Qingdao Beihai Shipbuilding…
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Martin Fruergaard appointed Pacific Basin CEO as Mats Berglund departs
Hong Kong-listed dry bulk shipping company Pacific Basin has announced that the company’s CEO Mats Berglund has decided to retire…
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