Dry Cargo
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Swire Bulk separates from China Navigation
China Navigation (CNCo) announced today its intention to separate out its dry bulk shipping activities from its liner shipping and…
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Renewed confidence for cape owners
Capesizes have settled above $30,000 per day this month with an increasing amount of analysts suggesting the good times are…
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Seanergy seals acquisition of Japanese capesize
Greek capesize owner Seanergy Maritime Holdings has announced the acquisition of a secondhand capesize, growing its fleet to 11 vessels.…
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Berge Bulk takes K Line newcastlemax
Kawasaki Kisen Kaisha (K Line) is pruning its fleet, letting go of a newcatlesmax and a post-panamax. James Marshall-led Berge…
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H-Line in for five VLOC resales
Allied Shipbroking is reporting five Polaris Shipping VLOCs under construction at Hyundai Heavy Industries have been snapped up by fellow…
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Nomikos bulker charged in Philippine trawler collision case
The Philippine Coast Guard has filed criminal charges against the owner and crew of the bulk carrier , accused of…
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Asian coal demand fills the gap left by Japan and Europe
Coal’s demise as a significant backbone to the global dry bulk trades is not coming any time soon, new research…
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Pacific Basin signals impairment of $198m on handysize fleet
Hong Kong’s biggest shipowner, Pacific Basin, has issued a warning to shareholders and potential investors that due to the softness…
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Fortune Ocean Shipping to clear out handy bulker fleet
Dalian-based bulk carrier operator Fortune Ocean Shipping is looking to exit the smaller size bulker segment, having listed all its…
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Larger bulkers in vogue at Eastern Pacific after latest capesize purchase
Idan Ofer’s Singapore-based Eastern Pacific Shipping (EPS) has acquired Japanese-built (2010) capesize bulker . Seasure Shipbroking is reporting that EPS…
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Shipping reacts to Japan’s decision to shut 100 coal power plants
News yesterday that the Japanese government is looking to shutter 100 out of its 140 remaining coal-fired power stations has…
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When will shipping volumes return to 2019 levels?
When – if at all – will shipping volumes return to 2019 levels for the container, dry bulk and tanker…
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Weekly Broker: Contrasting fortunes
The dry bulk S&P market maintained a healthy volume of transactions for yet another week with increasing interests across all…
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Mads Zacho departs as J. Lauritzen splits into two entities
Danish owner J. Lauritzen has established its gas and dry bulk businesses as independent companies, Lauritzen Kosan and Lauritzen Bulkers. The company…
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Seanergy secures refinancing for capesize pair
Greek pure-play capesize owner Seanergy Maritime Holdings has secured $29.1m to refinance a loan facility that was originally due to mature…
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Cido makes rare cape sale
Hong Kong-based Cido Shipping has showed signs that it wants to shrink its exposure to the cape segment for months, marketing half its…
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Castor Maritime swoops for its fourth panamax bulker
Greek panamax bulker owner Castor Maritime has swooped for its fourth vessel with the acquisition of a 2007-built panamax bulker.…
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D’Amico Dry offloads handy bulker to Seven Seas
Ireland based shipping company d’Amico Dry, part of the Italian group d’Amico Società di Navigazione, has sold the 2015-built handysize…
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World’s first zero emission bulk carrier moves a step closer
A lucrative long-term shipping contract is up for grabs to shift grain and raw materials domestically for two large companies…
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Nisshin’s bulker sale gathers pace
Japanese heavyweight Nisshin Shipping is in selling mode again, taking advantage of the improved rates seen in the bulker segment this month. Nisshin…
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