Dry Cargo
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Luhai readies shipowning exit
Low profile Luhai Group, a Hong Kong-based conglomerate, is tempted to cut off its shipowning arm and focus on other…
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CDB Leasing orders eight ultramaxes at New Dayang
CDB Leasing, the financial leasing arm of China Development Bank, has entered into a letter of intent (LOI) with New…
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Ness, Risan & Partners acquires ultramax in partnership with Empros Lines
Norwegian investment firm Ness, Risan & Partners has announced the acquisition and delivery of a 2011-built 61,000 dwt ultramax bulker.…
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Diana Shipping secures new charters with Ausca and Koch
Greek dry bulk owner Diana Shipping has secured new charters for two of its vessels. Koch Shipping has taken 2006-built…
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Zodiac takes another newcastlemax
A trio of vintage Universal-built newcastlemaxes starting with the Azul suffix have been attracting plenty of attention in the secondhand…
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Oceanfleet picks up Interorient handysize
Greek owner Oceanfleet Shipping has added to its fleet for the first time in three years, according to brokers, with…
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Wisdom taps Onomichi for handy order
Taiwan’s Wisdom Marine has contracted Onomichi Dockyard in Japan to build a 37,000 dwt bulk carrier. The ship will cost…
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Louis Dreyfus initiates widespread cost-cutting measures
Don’t expect executives from Louis Dreyfus Company (LDC) to wine and dine you anytime soon. France’s top agricultural commodities conglomerate…
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CLIIN: Dry bulk shipping can easily avoid spilling 300,000 tonnes of chemicals into the world’s oceans
Simple measures could save as much as 300,000 tonnes of chemicals from spilling into the world’s oceans, according to the…
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Berge Bulk signs with SWS for up to four dual-fuelled newcastlemaxes
James Marshall-led Berge Bulk is in tune with what key clients are demanding – signing with Shanghai Waigaoqiao Shipbuilding (SWS)…
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Global electricity production from coal on track for record fall this year
Global electricity production from coal is on track to fall by around 3% in 2019, the largest drop on record,…
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Castor Maritime seals loan for further fleet growth
Greek dry bulk owner Castor Maritime has sealed an $11m secured term loan facility with Alpha Bank, which it expects…
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Maritime CEO Forum: Dry bulk’s slow recovery
Last week’s dry bulk session during the Maritime CEO Forum in Hong Kong covered plenty of topics. Moderated by Mandarin…
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U-Ming in for Oshima bulker newbuilds
Taiwan’s U-Ming Marine has managed to secure a couple of prized berths at Japanese shipyard Oshima Shipbuilding. Clarkson Research Services…
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Seastar sheds handysize
Traditional Greek bulker player Seastar Chartering has trimmed its handysize fleet down to six ships, disposing of the seven-year-old, 34,000…
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Diana Shipping seals new charters with Oldendorff and Phaethon
Greek dry bulk owner Diana Shipping has sealed new time charter contracts for two of its vessels. 2013-built post-panamax bulker Electra…
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Maritime CEO Forum: Paul Over’s shipping masterclass
The traditional start to any Maritime CEO Forum around the world is to get an analyst in the hot seat…
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Two in and one out at Wilson
Norwegian short sea specialist Wilson has announced the acquisition of two bulk carriers and the sale of another. The company…
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Birgitte Ringstad Vartdal to leave Golden Ocean
Birgitte Ringstad Vartdal, one of the most high profile women in Norwegian shipping, has resigned from her role of CEO…
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Diana Shipping post-panamax charter extended by Cargill at reduced rate
Greek owner Diana Shipping has agreed an extension with Cargill International for the time charter contract for 2012-built post-panamax bulker…
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