Dry Cargo
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Supramaxes experience radical shift in age profile
Of all the dry bulk segments it is the supramax sector that has experienced the most radical changes in age…
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Weekly Broker: Smaller bulk carriers dominate
The flourishing bulk carrier sale and purchase market saw a slight slowdown this week with smaller vessels dominating the market…
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Golden Ocean significantly lowers breakeven on 14 capesizes with refinancing
John Fredriksen’s Golden Ocean has entered into a new loan agreement to refinance a $425m credit facility secured by 14 capesize bulkers.…
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China urged to let stranded crew leave
The International Transport Workers’ Federation (ITF) is urging the governments of China, India and Australia to collaborate and urgently end…
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Scorpio Bulkers offloads another five kamsarmaxes for $101.5m
Emanuele Lauro-led Scorpio Bulkers has announced the sale of another five kamsarmax bulkers, and has now sold a total of…
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Oldendorff seals Chinese financial leasing deal for ultramax sextet
CDB Financial Leasing, the leasing unit of China Development Bank, has announced the acquisition of six 60,000 dwt ultramax bulk…
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Tianjin Shunhang to sell stake in CSC Phoenix
Chinese domestic dry bulk operator CSC Phoenix has announced that the administrators of Tianjin Shunhang Shipping will list its entire…
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Renewables forecast to overhaul natural gas in 2023 and coal the following year
Renewables are forecast to overhaul natural gas in terms of global power generating capacity by as soon as 2023 and…
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Great Eastern Shipping acquires secondhand capesize
India’s Great Eastern Shipping Company has sealed a deal to buy a secondhand capesize bulker, adding to the one capesize…
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ADNOC Logistics & Services acquires ultramax bulker
ADNOC Logistics & Services has announced the acquisition of an ultramax bulk carrier, following the acquisition of two ultramax bulkers…
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Abu Dhabi buys into Louis Dreyfus
ADQ, a state-run Abu Dhabi holding company, is buying an indirect 45% stake in Louis Dreyfus Company (LDC), one of…
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Longship buys into Norwegian broker Wagle Chartering
Dutch-based short sea operator Longship Group has acquired a 50% stake in shipbroker Wagle Chartering. Based in Moss, Norway, Wagle…
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Weekly Broker: Holding out for an improved market
There has been another strong week for bulk carrier secondhand sales in all size groups. Investors are still in search…
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GoodBulk offloads two ageing capes
John Michael Radziwill’s GoodBulk has decided it’s time to clear out some of the company’s oldest ships. GoodBulk has made…
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Court lists another unfinished vessel from Jiangzhou Union for sale
A court in Jiangxi has listed an unfinished MPP vessel at defunct Jiangzhou Union Shipbuilding for sale through online auction.…
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Container bull run tipped to run into 2021, while crude tanker woes continue
It’s as you were for the shipping markets if the readers of Splash are to be believed. The container sector,…
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Anglo American signs with U-Ming for LNG-fuelled cape series
Shippers getting owners to order gas-fuelled ships are increasing in number. Miner Anglo American revealed today it has tapped Taiwan’s…
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Onassis exits cape segment
A massive number of cape sales continue to be reported. Onassis Foundation and its Olympic Shipping is exiting the cape…
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Diana Shipping kamsarmax scores new charter from Cargill
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Cargill International for 2010-built kamsarmax .…
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Globus Maritime seals charter for new kamsarmax addition
Greek owner Globus Maritime has secured a new time charter contract for its recently acquired 2015-built kamsarmax bulker. Last month,…
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