Dry Cargo
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Weekly Broker: En bloc handies dominate
The secondhand sale and purchase activities tempered a bit this past week. The dry bulk chartering market continued its impressive…
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Belships fleet hits 20 with addition of newbuild ultramax
Norwegian supramax and ultramax owner Belships continues to expand at rapid pace with the 10-year bareboat charter of an ultramax…
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S’hail adds panamax pair into Klaveness pool
S’hail Shipping has placed panamax pair S’hail al Rayan and S’hail al Dukhan into the Baumarine pool, a specialised panamax,…
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NYK orders energy-saving bulker at JMU for long-term JFE Steel charter
Japanese owner NYK has placed an order at Japan Marine United for the construction of a capesize bulker with delivery…
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2020 Bulkers to list on Oslo Axess this week
Tor Olav Trøim’s 2020 Bulkers will list on Oslo Axess from July 12 following approval by the Oslo Stock Exchange.…
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Kmarin to order eight VLOCs at Chinese yards for Vale charters
South Korean owner Kmarin has entered into letters of intent with two Chinese yards for the construction of eight VLOCs.…
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Oldendorff takes another post-panamax
German shipping mammoth Oldendorff has added its third post-panamax bulker this year. Thomas Schulte is selling its only vessel in…
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Graig offloads handy pair
Cardiff-based Graig Shipping has sold its last two ships in the water with the a pair of seven-year-old, 34,827 dwt…
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Nissen Kaiun takes 10 of Tsuneishi’s new handymaxes
Clarkson Research has identified Nissen Kaiun as the mystery owner to have ordered ten 42,000 dwt log-fitted handymax bulkers, split…
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Ed Buttery takes Lauritzen handies
Lauritzen Bulkers has sold the box-shaped handysize sister vessels Emma Bulker and Louise Bulker. The nine-year-old, 31,900 dwt ships –…
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Solomon Islands bay hit by another big spill
With authorities still assessing the scale of the environmental impact from the bunker spill in February of the bulk carrier,…
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Dry bulk fortunes soar, capes above $20,000 as BDI hits highest point of the year
Dry bulk fortunes are soaring this week led by capesizes, which are trading on the spot market for in excess…
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Weekly Broker: Capes lead the charge
It has been a particularly good week for the dry bulk market, with average earnings for all sizes except handysizes…
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Q2 ship orders lowest this decade
The remarkably turbulent confluence of jittery shipping markets, tense geopolitics, encroaching environmental regulations and a slowing global economy saw recorded…
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Cape sales accelerate including Sanko’s last big bulker
Activity in the cape sale and purchase is boiling hot with three capesizes sold within a week and many more…
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Klaveness pulls commercial activities from Shanghai office
Norwegian dry bulk owner Torvald Klaveness has decided to downsize its Shanghai office to focus on operations, and will no…
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Janchart takes Ulises’s last ship
Denmark’s Janchart Shipping has added another handy bulker in a deal that sees one Greek company exit shipowning. Janchart is…
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Fully-laden cape makes landmark voyage to the UAE
The changing global trading patterns of capesizes celebrated another landmark moment recently. Kawasaki Kisen Kaisha (K Line) revealed today its…
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Castor Maritime raising money for fleet growth
Nasdaq Capital Market-listed Greek dry bulk owner Castor Maritime is looking to raise up to $10m, which it says will…
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Globus Maritime completes fleet refinancing
Greek owner Globus Maritime has completed the refinancing of its fleets of five vessels through a term loan facility with…
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