Dry Cargo
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Pan Ocean appoints new CEO
One of South Korea’s largest shipping lines has a new boss. Joong Ho Ahn steps up today from the position…
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China Merchants sells chemical tanker trio and orders MPP quartet
Shanghai Ming Wah Shipping, a wholly owned subsidiary of China Merchants Group, has announced a plan to sell three 6,300…
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Castor Maritime fixes panamax bulker to Comerge, eyes further fleet growth
Nasdaq-listed panamax bulker owner Castor Maritime has announced that 2004-built bulker has completed its scheduled dry-docking and special survey and…
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Royal Marine readies to discharge post-panamax fleet
Low profile Chinese owner Royal Marine Holdings is selling its post-panamaxes. Despite falling prices and Covid-19 , Royal Marine is…
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C Transport Maritime takes Diana Shipping capesize on charter
Greek dry bulk owner Diana Shipping has entered into a time charter contract with John Michael Radziwill-led C Transport Maritime…
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Chinese court to auction off last Remi Maritime vessel
Qingdao Maritime Court will hold an auction to sell the 2008-built 57,000 dwt supramax bulker via online platform Taobao on…
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South African mines shut down as nation starts three-week lockdown
Dry bulk operators in particular are facing an ever longer list of port restrictions that will impact voyages. Splash has…
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Weekly Broker: Lethargy a symptom of the virus
Deals for secondhand tonnage are drying up quicker than people’s throats. There’s the logistics of sealing a deal first up…
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Simeon Palios tests positive for coronavirus
Simeon Palios, the chairman and CEO of both Diana Shipping and Performance Shipping, has tested positive for coronavirus. In an…
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China Merchants Financial Leasing orders ultramax pair for Wah Kwong charter
China Merchants Bank Financial Leasing (CMBFL) has placed an order at Dalian COSCO KHI Ship Engineering (DACKS) for the construction…
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Diana Shipping fixes post-panamax to SwissMarine
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Singapore’s SwissMarine for 2012-built post-panamax bulker…
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Splash Extra: PCTCs head for the long-term car park
The perilous state of the under reported car carrier segment leads the March issue of Splash Extra with exclusive news…
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Vale confirms suspension of Malaysian transhipment hub
Brazilian miner Vale has announced its decision to temporarily suspend operations at its Teluk Rubiah Maritime Terminal (TRMT) in Malaysia…
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Stellar Banner tilts further
The Brazilian Navy reported over the weekend that the very large ore carrier (VLOC), which has been stranded for almost…
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Hard-hit Italian owners seek 18-month standstill agreements with banks
Italy’s death toll surpassed China’s on Thursday and the national lockdown will have to be extended beyond the current end-date…
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ADNOC quits handysize bulk trades
United Arab Emirates-based Abu Dhabi National Oil and its 77-ship strong shipowning arm ADNOC Logistics & Services has made an…
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Vale mulls suspension of Malaysia terminal
Brazilian miner Vale is considering the suspension of operations at its Malaysian TRMT terminal and distribution centre this month, which…
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Weekly Broker: S&P takes sick leave
The S&P activities in all bulker, tanker and containership sectors have fallen this week as the impact of the coronavirus…
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Indonesia revokes new cabotage rules
Indonesia’s government will revoke cabotage rules due to come into force in May, Reuters reports citing comments from the country’s coordinating minister…
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Crew safe and sound following coronavirus scare off Cape Town
The dry bulk carrier , owned by AM Nomikos, has departed Cape Town with a safe and healthy crew, a…
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