Dry Cargo

Zhongchang Marine faces delisting

November 2nd, 20150 Shanghai-listed Zhongchang Marine is facing the risk of delisting from the stock exchange if it cannot get back to profit by the end of this year. The company...

Eitzen buys back his own ship

November 1st, 20150 Norwegian shipowner Axel C. Eitzen is back in bulk, with his first ship purchase in a handful of years, according to Norwegain daily Dagen Næringsliv. The dry cargo...

Grounded Mexican ship to be scuttled

October 30th, 20150 The , a Mexican-flagged bulk carrier, which ran aground north of Manzanillo last week during Hurricane Patricia, will need to be scuttled, authorities in Mexico...

Chinese grain imperatives

October 29th, 20150 SinoShip's Mark Downing on China’s quest for food security. Roughly a tenth of seaborne dry bulk goods is composed of grain destined as food, feed or industrial...

Globus Maritime faces Nasdaq delisting

October 27th, 20150 Nasdaq-listed Greek dry bulk shipowner Globus Maritime has received notification from Nasdaq that the market value of the company’s publicly held common stock for the...

Hurricane Patricia claims bulker

October 26th, 20150 Mexican bulk carrier was pushed aground onto rocks by hurricane Patricia on Saturday off Manzanillo, Colima. The ship suffered several cracks in the hull including...

Indian yard looks to offload bulker

October 26th, 20150 Following the failure by Chennai-based Goodearth Maritime Limited to pay installments on time, Hindustan Shipyard Limited has started negotiations with the Indian Navy...

Daiichi Chuo to slash fleet by half

October 22nd, 20150 Japan's Daiichi Chuo Kisen Kaisha plans to halve its current 'long-distance' fleet by returning chartered-in vessels to their owners and will renegotiate charter rates...
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