Dry Cargo

Statu Shipping buys first supramax

September 18th, 20150 The Turkish bulk player, Statu Shipping, is taking advantage of low prices in the secondhand market. It has just sealed a deal to buy a 14-year-old 52,827 dwt supramax...

Canfornav pays $17m for handy pair

September 16th, 20150 Montreal headquartered Canfornav has been shopping for modern bulkers from its eastern friend, Parakou Shipping. Brokers say the company has spent close to $17m for...

Zacchello family to refocus on tankers

September 15th, 20150 The sale of the kamsarmax bulk carrier Tiare (83,700 dwt; built 2009) is another step forward for the Zacchello family to exit the dry bulk market. Claudio Baccichetti,...

Braemar: Dry bulk’s five-year wait

September 15th, 20150 London: It’ll take another five years to get the dry bulk equilibrium back on an even keel, warns one of the world’s most famous names in shipbroking in today’s...

Precious cancels two more ultramaxes

September 15th, 20150 Thailand’s Precious Shipping has cancelled another pair of ultramax dry bulkers at under pressure Chinese yard Sainty Marine. Precious Shipping said it was seeking...
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