Dry Cargo
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2020 Bulkers secures newcastlemax extension from Glencore
Tor Olav Troim’s 2020 Bulkers has sealed an extension with Glencore’s ST Shipping for its 2019-built newcastlemax . The charter…
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Monaco’s Arminter linked with dry bulk return
Monaco-based Arminter is preparing a comeback to the dry bulk arena. Sources tell Splash that the company, headed by Eugenio…
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Weekly Broker: Activity across the board
The S&P market has experienced a fruitful week across all sectors with substantial volumes of vessels changing hands. “With regards…
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Diana Shipping offloads another panamax
Greek dry bulk owner Diana Shipping continues its sell-off of older panamax bulkers in its fleet. The company has sold…
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China Mingsheng Trust orders first ships
Multiple broker reports note that a famous name in Chinese leasing has ordered its first newbuilds. China Mingsheng Trust has…
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Busy Berge Bulk adds a cape
Busy Berge Bulk is making the most of all the Japanese owned tonnage coming to the market in recent weeks…
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Cosco secures manganese ore shipping project with Jiangsu Sunshine
China Cosco Shipping Group has entered into a strategic collaboration agreement with multi-sector conglomerate Jiangsu Sunshine Group for a manganese…
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MOL sets aside $9.4m to assist in Wakashio clean-up
Mitsui OSK Lines (MOL), the charterer of the ill-fated newcastlemax, has pledged Y1bn ($9.4m) to help in the clean-up in…
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Weekly Broker: VLCCs bottom out
The sale and purchase market in both the dry and wet sectors had a dull week with no segment showing…
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Ageing newcastlemaxes snapped up
Sales of ageing newcastlemaxes continue to fill up broker reports. This week the 14-year-old, 206,200 built was sold by Doun…
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Ultranav lets go of its last panamax
The von Appen family controlled Ultranav has let go of its last panamax bulker. Brokers tell Splash that the 2006-built…
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Poor seamanship cited in Wakashio investigations
The Panama Maritime Authority has hit out at the level of seamanship onboard the Anglo-Eastern crew managed in the hours…
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Diana Shipping fixes newcastlemax to Koch at improved rate
Greek dry bulk shipowner Diana Shipping has entered into a time charter contract with Koch Shipping for 2017-built bulker .…
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Winning dives back into the market for a newcastlemax
Winning Shipping, a Chinese capesize player based in Singapore, is back in the secondhand market, adding a 15-year-old newcastlemax called…
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Golden Ocean appointment leaves Avance Gas without CEO
John Fredriken’s bulker outfit, Golden Ocean Management, has announced the appointment of Peder Simonsen as its new chief financial officer,…
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Erik Thun appoints new chairman
Low-key Swedish shipowner Erik Thun has appointed prominent executive Margareta Alestig as its new chairman. Alestig is the deputy managing…
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Eastern Pacific wins race to charter LNG-powered newcastlemaxes to BHP
Idan Ofer’s Singapore-headquartered Eastern Pacific Shipping (EPS) has been chosen to fulfil mining giant BHP’s requirement for LNG dual-fuel bulk…
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Densay Shipping orders up to three ultramaxes at China Merchants Jinling
Turkish shipowner Densay Shipping has returned to China Merchants Jinling shipyard for the construction of up to three 63,500 dwt…
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Orion supramax selling spree
Credit Agricole has pushed through the sale of a couple supramaxes from the Orion Bulkers fleet. This week broker sources…
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Zhongchang Marine loses creditor court case
Chinese dry bulk operator Zhongchang Marine has lost a court case regarding a debt dispute with its creditor Shanghai AJ…
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