Dry Cargo
-
Hana Financial Group buys into H-Line Shipping
South Korea’s Hana Financial Group is buying into H-Line Shipping, the dry bulk group formerly part of the defunct Hanjin…
Read More » -
Taiwan Navigation returns to Oshima for ultramax order
Bulk carrier operator Taiwan Navigation has entered into a shipbuilding contract with Japan’s Oshima Shipbuilding for the construction of one…
Read More » -
Cape Baltic makes waves with confirmed sale
Japanese owner Libera is behind the biggest bulker deal concluded in May so far, and the first semi-modern cape sold…
Read More » -
Wickwar Shipping zooms in for bulker
Wickwar Shipping was behind the highest bid in what has become one of very few sales and purchase stories to…
Read More » -
Nanye Group takes control of CSC Phoenix
Chinese domestic dry bulk operator CSC Phoenix has announced that Nanye Group has become the controlling shareholder of the company…
Read More » -
Shipping awaits Chinese stimulus salvation
Sales of diggers in China are leaping fast, a hopeful sign ahead of tomorrow’s National People’s Congress in Beijing where…
Read More » -
How shipping compares to the oil and gas sector in all things digital
Today sees Splash TV’s popular new series take a new direction with the start of a strand of shows set…
Read More » -
Weekly Broker: Every concluded secondhand boxship sale will set a new low
The dry bulk sale and purchase market has finally seen a fair amount of concluded deals following weeks of subdued…
Read More » -
MOL orders bulker quartet at Chinese yards
Japanese owner Mitsui OSK Lines (MOL) has placed orders at two Chinese-Japanese joint venture yards for the construction of four…
Read More » -
MSPL sends two post-panamax bulkers into the Baumarine pool
Indian iron ore miner MSPL, part of the Baldota Group, has joined the Baumarine by MaruKlav panamax pool by entering…
Read More » -
Diana Shipping fixes panamax bulker to Cargill
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Cargill International for 2010-built panamax bulker .…
Read More » -
Handysize sales dominate limited S&P action
In this week’s broker reports handysize vessels are the most sold ships with the most notable sale possibly done by…
Read More » -
Diana Shipping refinances Nordea facility to extend repayment by two years
Greek dry bulk owner Diana Shipping has sealed a new loan facility with Nordea Bank for $55.848m, refinancing its existing…
Read More » -
Zhangzhou Shipping moves to clear out fleet with handy bulker auction
China’s state-run Fujian Province Zhangzhou Shipping has listed its only two vessels up for auction sale on Guangzhou Shipping Exchange.…
Read More » -
Capes have lost $10,000 a day so far this year as record low approaches
Capes ducked below $2,000 a day yesterday with losses mounting and the record low for this bulk carrier type standing…
Read More » -
Stopford’s worst-case scenario: sea trade declines 17% by 2024
SMM, the world’s largest shipping exhibition, held its regular press event curtain-raiser this week by Zoom with famous names in…
Read More » -
Cape in the spotlight fails to find new buyers
The ship S&P brokers were watching most carefully this week has been withdrawn from the market as owners, Hsin Chein…
Read More » -
2020 Bulkers secures time charters with Glencore for newcastlemax pair
Tor Olav Troim’s 2020 Bulkers has announced that it has sealed time charter contracts with Glencore for two of its…
Read More » -
Chaozhou Yatai Shipping lists panamax for sale
Chaozhou Yatai Shipping has listed its 2012-built 76,000 dwt panamax bulker for auction sale on Guangzhou Shipping Exchange. The starting…
Read More » -
Danish Ship Finance issues damning 80-page report on shipping prospects
In one of the most sobering shipping reports penned for a decade Danish Ship Finance has laid out how badly…
Read More »