Dry Cargo
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Stellar Daisy’s sister ships sent for demo
Two months ahead of the third anniversary since the sinking of the Stellar Daisy with the loss of 22 lives,…
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Fire hits BW Dry Cargo’s first ship
A fire disabled a UK-flagged kamsarmax in the early hours of this morning off the Gulf of Aden. The fire…
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Monarch abdicates from shipowning with sale of famous VLCC
Sales talk surrounding US investment fund Monarch Alternative Capital only ship, the 10-year-old, 320,000 dwt , is creating plenty of…
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Weekly Broker: Boxship sales return
The sale and purchase market was again dominated by tanker sales this past week, while there was also a noticeable…
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Taizhou Mingxing and Suzhou Xinxin order bulker pair at New Dayang
New Dayang Shipbuilding has signed shipbuilding contracts with domestic shipping operators Taizhou Mingxing Shipping and Suzhou Xinxin shipping for the…
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Marubeni and Klaveness combine panamax bulker pools
Japan’s Marubeni and Norway’s Klaveness have set up a jointly owned pool management company, Maruklav Management, to combine the MG…
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Opportunity knocks at the strangest of times for capesizes
Mr Prospector tries to beat the January blues, as statistically February will be worse. ‘The fun of January’ is a…
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Interunity Management takes MR tanker from Oxygen Maritime
Greek owner Interunity Management has purchased the 2010-built MR tanker from compatriot owner Oxygen Maritime. Shipbroking house Lorenzen & Stemoco…
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Giuseppe Rizzo and his sister make swift shipowning return
Giuseppe Mauro Rizzo, former chief executive officer of RBD Armatori, will be co-owner of the newly built Rb-Rd Armatori vehicle,…
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China Merchants acquires dry bulk and LNG shipping assets of Sinotrans
China Merchants Energy Shipping (CMES), the energy shipping unit of China Merchants Group, has announced a plan to acquire the…
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Kassian pockets $3m from panamax sale
Kassian Maritime Navigation, run by the the Pappadakis family, has continued to renew its bulker fleet with the disposal of…
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Scrubber-fitted capes speed up in first weeks of the new year
The largest bulk carriers afloat are moving at different speeds depending on whether or not they have a scrubber fitted.…
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U-Ming orders panamax bulker quartet at Oshima
Taiwanese dry bulk shipping operator U-Ming Marine Transport has placed an order at Japan’s Oshima Shipbuilding for the construction of…
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P&O Maritime books two multi-purpose vessels at Mawei Shipbuilding
P&O Maritime, a shipping unit of DP World, has signed shipbuilding contracts with China’s Mawei Shipbuilding for the construction of…
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Miyazaki Sangyo puts cape up for sale
Diverse Japanese owner Miyazaki Sangyo Kaiun is close to completing the sale of the first cape of the year, selling…
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2020 set to mark the return of the mini-cape
2020 is set to be a year for the revival of the mini-cape after a decade in the wilderness. In…
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RBD Armatori’s fleet bound for Reuben Brothers and Premuda
With the approval by the Court of Torre Annunziata of RBD Armatori’s bankruptcy plan arrived yesterday, the long story of…
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Safe Bulkers banks $53m from sale and leaseback of eight vessels
Greek dry bulk owner Safe Bulkers has entered into sale and leaseback agreements for eight vessels. Safe Bulkers has sold…
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Taylor Maritime grows fleet to 28 with supramax acquisition
Hong Kong dry bulk owner Taylor Maritime has acquired its third supramax, the 2011-build Mitsui supramax , bringing its fleet…
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Nova Marine Carriers adds handysize bulker pair
Lugano-based Nova Marine Carriers, the dry bulk shipping company jointly owned by the Romeo family and Algoma Central Corporation, has…
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