Dry Cargo
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DAL/Essberger outsources commercial management
Deutsche Afrika-Linien / John T. Essberger Group (DAL/JTE-Group) has appointed two Hamburg companies to commercially handle its containerships and bulk…
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A M Nomikos in for another SK supra
Greek owner A M Nomikos has dipped into the secondhand market to add to its 40-strong fleet. Sources tell Splash…
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Three Guiqin Shipping bulkers sold by administrator
The administrators of bankrupt Guiqin Shipping, once a major shipping company in Guangxi province, sold three vessels of the company…
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Sinokor bags $16m newcastlemax
Mizuho Sangyo has found a taker for one of its two newcastlemaxes it put in the shop window last week.…
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Indonesia announces another nickel ore export ban
This week Indonesia announced a ban, to start in the new year, on the export of nickel ore. While it…
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RBD Armatori’s fleet to be split in two
Seven months after Reuben Brothers’ private equity fund presented an offer to buy out all the assets controlled by the…
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Chinese bulk carrier detained in Australia with crew owed $64,000
A Chinese-owned bulk carrier chartered to carry coal to South Korea has been detained at the Port of Gladstone by…
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Castor Maritime charters latest acquisition out to Oldendorff
Petros Panagiotidis-led Castor Maritime has completed the acquisition of 2001-built Korean panamax bulker from Diana Shipping for $6.7m, doubling the…
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SR Shipping takes d’Amico supramax
Italian shipowner d’Amico Dry has sold 2008-built supramax bulk carrier . Confirming the sale to Splash, the company said: “We…
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Weekly Broker: High expectations for Q4
The dry bulk S&P market has again seen a generous number of ships changing hands in the past week, reflecting…
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Cape surge scrutinised
The Baltic Dry Index crested 2,500 points yesterday, driven by a surging Atlantic cape scene, hitting decade-highs, however, not every…
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Cosco Shipping Bulk appoints new managing director
Cosco Shipping Bulk, one of the largest bulk shipping companies in the world, has announced the appointment of Gu Jinsong…
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Lauritzen sells bulker trio to Clipper
Two Danish shipping mammoths have done a rare deal in their favourite sector. Mads Peter Zacho-led J Lauritzen has offloaded…
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Berge Bulk acquires HNA capesize
Singapore-based bulker owner Berge Bulk has acquired a 2014-built capesize bulker from Shanghai HNA Marine Shipping, a shipping unit of…
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Tight tonnage in the Atlantic sends fronthaul capes towards decade-highs
An extremely tight tonnage list in the Atlantic basin saw rates for 180,000 dwt capesizes leap by $7,750 yesterday to…
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Fortune Ocean finds buyer for four handies
Chinese bulker owner Fortune Ocean Shipping has finally found a buyer for its four 2015-built, 34,400 dwt handysize vessels, Xing…
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Court to auction off Qingdao Marine Shipping bulker
Qingdao Maritime Court will hold an auction for the 2009-built 33,000 dwt handy bulker through online platform Taobao on September…
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Borealis Maritime cuts supramax fleet in half
Borealis Maritime has cut its supramax fleet in half with the sale for $15m of the seven-year-old , notching a…
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Navios Maritime Holdings sells off ship management division
Navios Maritime Holdings has sold its ship management division to N Shipmanagement Acquisition Corp. (NSAC), a company affiliated with chairman…
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MOL targets Turkey’s steel sector
Japan’s largest shipowner Mitsui OSK Lines (MOL) is looking to make dry bulk inroads into Turkey. MOL has signed an…
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