Dry Cargo
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DryShips buys newcastlemax bulker from George Economou for $50m
NASDAQ Capital Market-listed shipowner DryShips has agreed to acquire a 2017-built newcastlemax dry bulk vessel from an entity connected to…
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Neptune Dry snaps up a second ultramax from KN Maritime
Melina Travlos and her dry bulk outfit Neptune Dry Management have returned to Japan’s KN Maritime to acquire their second…
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Diana Shipping finds new charter for panamax bulker at reduced rate
Greek dry bulk owner Diana Shipping has sealed a time charter contract for 2007-built panamax vessel with Ausca Shipping in…
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Weekly Broker: Boxship sales soar
The dry bulk market is seeing a slight and slow recovery and upward trend in the past week, particularly in…
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Genco puts seven supramaxes on the market
New York-headquartered dry bulk shipowner Genco Shipping & Trading has placed seven of its supramax bulkers up for sale. Brokers…
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Cape surge brings Baltic index back above 1,000 points
After spending 69 days below 1,000, the Baltic Dry Index is back above the psychological mark, closing on Tuesday at…
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Belships continues rapid expansion with supramax buy
Norwegian owner Belships has acquired another bulker on the secondhand market, snapping up 2007-built Japanese supramax from Elias Kulikundis’ Prospero…
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Noble Group selling off remains of bulker fleet
Freshly restructured Noble Group Holdings has revealed in its latest quarterly results that it is planning to sell of its…
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M/Maritime latest owner to join CTM’s Supramax RSA
The Mytilineos family’s M/Maritime is the third shipowner in under a month to join the Supramax Revenue Sharing Agreement, run…
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Grindrod seals financing for ultramax pair, sells handy bulker and product tanker
Nasdaq-listed Grindrod Shipping has sealed financing for two newbuild ultramaxes and also announced the sale of two of its vessels.…
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Doun Kisen orders ultramax pair
Japanese shipping giant Doun Kisen has tapped Mitsui Engineering & Shipbuilding to build a pair of ultramaxes, according to multiple…
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MOL readies ore carrier sale
One of the world’s largest names in dry bulk is offloading one of its oldest bulk carriers. Japan’s Mitsui OSK…
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K Line, U-Ming and Kuang Ming forming dry bulk venture with Taiwan Power Company
Taiwan’s state-run Taiwan Power Company (TPC) is currently in negotiations with potential partners to set up a bulk shipping joint…
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Chinese swine epidemic muddies handy outlook
Owners of smaller bulk carriers could suffer from the African swine fever epidemic sweeping through China that has already seen…
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Cosco newcastlemax orders hit sixteen with three confirmed at Tianjin Xingang Shipbuilding
Cosco Shipping Bulk has signed shipbuilding contract with CSIC-affiliated Tianjin Xingang Shipbuilding Industry for the construction of three 210,000 dwt…
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Port worker dies when crane catches fire while unloading coal at Kolkata
A port worker died on Saturday when a fire broke out on the mobile harbour crane he was operating caught…
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NYK president replaced as losses hit $400m
After just four years in charge, Tadaaki Naito’s tenure in charge of one of the world’s largest shipping lines is…
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K Line bows to pressure and appoints critic to the board
Kawasaki Kisen Kaisha (K Line) has bowed to pressure as it reports another set of dire results. The Japanese shipping…
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Hans Aasnæs hired to replace Jens Ismar at Western Bulk
Norway’s Western Bulk has appointed Hans Aasnæs as its new CEO replacing Jens Ismar who leaves Western Bulk after almost…
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Mitrabahtera Segara Sejati: Diversification strategy under new leadership
Susana Germino is in a bit of a hurry when Maritime CEO comes calling for her first media interview since…
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