Dry Cargo
-
BULL: Indonesia’s fastest growing owner
As of this week the fleet of fast growing Indonesian tanker owner PT Buana Lintas Lautan (BULL) will number 33…
Read More » -
Norden orders four NACKS ultramaxes
Norden has put pen to paper for four ultramaxes to be built at Nantong Cosco KHI Ship Engineering Co (NACKS).…
Read More » -
Castor Maritime raises $20.7m for fleet growth
Nasdaq-listed panamax bulker owner Castor Maritime has closed a public offering, raising $20.7m, which is likely to see the company’s…
Read More » -
BULL readies dry bulk entry
One of the fastest growing shipowners in Indonesia is readying an entry into the dry bulk trades. PT Buana Lintas…
Read More » -
BHP scales back LNG-powered newcastlemax ambitions
Alphatanker, part of AXS Marine, is reporting that a landmark project for LNG-fuelled bulk carrier newbuildings is being scaled back.…
Read More » -
GoodBulk seals $200m deal to refinance fleet
Monaco-based GoodBulk has made a significant step to improving its profitability with the sealing of a $200m refinancing of its…
Read More » -
Weekly Broker: Dry bulk on the run
The decent transaction flow in the second hand bulker sale and purchase market continued for another week with the rates…
Read More » -
Bulk carrier takes out Panamanian rail bridge
The Panama Canal Authority is investigating how a bulk carrier, the , ploughed into a railway bridge while under tow…
Read More » -
StandShip debuts dual deadweight neo-panamax bulk carrier design
Class society ABS has granted approval in principle to a dual deadweight neo-panamax bulk carrier design from the StandShip Joint…
Read More » -
FOSCO makes cape entrance
Numerous broking reports report that low key Fujian based bulker owner Fujian Ocean Shipping has snapped up its biggest ship today. …
Read More » -
CSC Phoenix to scrap handy bulker
Chinese dry bulk shipping operator CSC Phoenix has announced a plan to list its 1987-built 42,336 dwt handy bulker for…
Read More » -
Shanghai Ganglu Shipping orders supramax pair at Yangzijiang
Chinese bulk shipping operator Shanghai Ganglu Shipping has signed shipbuilding contracts with Yangzijiang Shipbuilding for the construction of two 56,000…
Read More » -
MOL goes on the defensive as it prepares for the post-Covid era, slashing fleet by 5%
Mitsui OSK Lines (MOL), Japan’s largest shipowner by fleet size, has issued a new business plan to cope with slashed…
Read More » -
Hsin Chien Marine retests the warming cape market
A remarkable change has been witnessed of late in the dry bulk market with demand ramping up significantly. One owner…
Read More » -
Eastmed swoops for recently delivered Nisshin kamsarmax
Thanassis Martinos-led Eastern Mediterranean Maritime (Eastmed) has picked up a new kamsarmax bulker from Japan’s Nisshin Shipping, according to brokers.…
Read More » -
Wisdom Marine raising cash for fleet expansion
Taiwanese bulk shipping operator Wisdom Marine has announced a plan to raise $63.8m from its current shareholders. The share offering…
Read More » -
Zheshang Development takes over Zhejiang Shipping Group
State-run commodity trader Zheshang Development has announced a restructuring plan to take over bulk shipping operator Zhejiang Shipping Group. Under…
Read More » -
Norwegian students make machine learning algorithm breakthrough, beating the cape markets by 10%
Just how much machine learning algorithms can deliver to capesize earnings has been quantified in a landmark new piece of…
Read More » -
Nine US-listed bulk firms have lost $11.33bn over the past 10 years
Alphabulk, part of AXS Marine, has launched a withering attack on the poor financial performance of US-listed dry bulk companies…
Read More » -
Cape sales accelerate
Greek bulker outfit Carras Hellas has just sold the 2003-built 171,015 dwt for around $9m, cutting its cape fleet down…
Read More »