Dry Cargo
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Naval assets – including from Iran – build up in the Red Sea
More nations – including Denmark, Pakistan and Sri Lanka – are sending naval assets towards the Middle East as pressure…
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Houthis show no sign of backing down in tense Red Sea standoff
Houthi attacks against naval and merchant ships carried on over the weekend with more than one in five vessels electing…
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What I’d like to see happening in shipping in 2024
We asked Andrew Craig-Bennett for his wish-list for what he would like to see happening in shipping in 2024, and…
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Economou takes aim at OceanPal board
Greek shipowner George Economou continues to pick a fight with the Palios family with the latest plan to oust most…
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COSCO orders VLOCs at affiliate yard
COSCO Shipping has ordered two 325,000 dwt very large ore carriers (VLOCs) at its affiliated yard COSCO Yangzhou. According to…
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Castor Maritime pockets $3.5m profit from kamsarmax sale
Cyprus-based bulker and boxship owner Castor Maritime has locked in profit from the sale of the 2010-built kamsarmax picked up…
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Bulk carrier secured after hijack attempt off Somalia
India’s navy said its commandos have secured a bulk carrier after its attempted hijack in the Arabian Sea. The Liberian-flagged…
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Bulk carrier boarded off Somalia
A Liberia-flagged bulk carrier was boarded yesterday by armed individuals while underway in waters some 460 nautical miles off Somalia.…
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Seacoast Shipping buys MPP vessel for $6m
India’s Seacoast Shipping Services has purchased a 10,300-dwt multipurpose cargo vessel for $6.1m. The company bought the 20-year-old vessel named…
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Kristian Gerhard Jebsen picks new chief executive
Shipping group Kristian Gerhard Jebsen Skipsrederi (KGJS) has made a change to its leadership by announcing Ørjan Lunde as its…
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Military action against land-based targets in Yemen moves a step closer
A coalition is moving closer to taking military action against land-based targets in Yemen after more than 20 merchant ships…
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Bahri, Norden and the World Economic Forum latest names to agree to speak at Geneva Dry
The roster of speakers for the inaugural Geneva Dry continues to make headlines for the calibre of names agreeing to…
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Golden Ocean makes Lars-Christian Svensen permanent CEO
Golden Ocean Group has made Lars-Christian Svensen permanent chief executive after he stepped up from the chief commercial officer role…
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George Economou takes stake in Genco
George Economou has made a move on another publicly listed shipowner, with US dry bulk player Genco Shipping & Trading…
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Wisdom Marine and Synergy launch bulk carrier joint venture
Taiwanese shipowner and operator Wisdom Marine and Singapore-based shipmanagement giant Synergy Marine Group have established a joint venture company for…
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Ship hits mine in the Black Sea
A mine destroyed a general cargo ship in the Black Sea on Wednesday with the vessel’s captain reacting fast to…
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Seacon books four more multipurpose newbuilds
Chinese shipowner and operator Seacon Shipping has ordered four more 62,000 dwt multipurpose dry cargo vessels at Huanghai Shipbuilding in…
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CSL reveals order for world’s first fully electric battery-capable self-unloading bulker
Canadian owner CSL has partnered up with Adelaide Brighton Cement (Adbri) to build and operate the world’s first fully electric…
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Dry bulk owners pop the bubbly but will the bubble burst in 2024?
The market has surprised to the upside with technical factors to the fore, but fleet supply and a gloomy macro…
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Eyal Ofer’s Zodiac Maritime eyes nuclear-powered ships
Eyal Ofer’s Zodiac Maritime has partnered with classification society Lloyd’s Register (LR) and South Korea’s HD Korea Shipbuilding & Offshore…
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