Dry Cargo
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Atlantska Plovidba sells panamax bulker to Oldendorff
Croatian shipping company Atlantska Plovidba has announced that it has sold its 1995-built 75,500 dwt panamax bulk carrier City of…
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Splosna Plovba offloading supramax pair
Slovenian owner Splosna Plovba has placed a pair of Chinese-built supramaxes on the market. Brokers are circulating the 2010-built sister…
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German bulker detained in Australia
The Australian Maritime Safety Authority (AMSA) has detained a German bulker at Port Kembla after crew aired their grievances about…
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The Baltic as shipping’s Illuminati? Fat chance
Mr Prospector takes aim at the new Twitter account, @ActionBaltic. The Baltic Exchange might be incompetent, he argues, but top…
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Greeks predicted to spur greater dry bulk consolidation
Petrofin Research’s latest annual survey of the Greek-owned fleet predicts further sizeable consolidation within the dry bulk space. Big listed…
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Main shipping sectors move in the same direction less than 10% of the time
Research carried by brokers Clarkson shows the main shipping segments move in the same direction less than 10% of the…
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Aswan swoops for another Japanese post-panamax bulker
Qatar limestone specialist Aswan Trading and Contracting has acquired another Japanese-built post-panamax bulker, according to brokers. Advanced Shipping & Trading…
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Cosco secures coal shipping contract from China Coal Energy
Cosco Shipping Bulk has signed an agreement with China Coal Energy for domestic coal transportation. Under the agreement, Cosco Shipping…
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Brazil-China grain route goes live
Freight Investor Services (FIS) is behind the launch of the Baltic Exchange Panamax P8 grains route. The new route offers…
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Exxon Valdez 30 years on
As the Solomon Trader disaster shows, nowhere is safe from oil spills, write Dr Sian Prior, Eelco Leemans and Dave…
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Weekly Broker: Buying for a rebound
The buying appetite in the bulker sale and purchase market shows no sign of abating with a raft of concluded…
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M/Maritime linked to kamsarmax acquisition
The Mytilineos family’s M/Maritime is being linked by brokers to its first kamsarmax acquisition. Broking sources tell Splash the company…
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Berge Bulk takes Bohai newcastlemax options
James Marshall-led Berge Bulk has exercised options for two newcastlemaxes at Bohai Shipbuilding in the north of China. The 208,000…
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Johs Thode Reederei close to quitting shipowning
Johs Thode Reederei is is nearing a shipowning exit with brokers reporting that the oufit is netting close to $16m…
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Omicron snaps up panamax bulker from Monaco’s Transocean
Omicron Ship Management has acquired 2008-built panamax bulker according to broking sources. Seasure Shipbroking says the Greek company has paid…
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Brazilian authorities suspend Vale’s operations at Timbopeba
A Brazilian court has ordered mining giant Vale to suspend operations at its Timbopeba min, after a legal case was…
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Grain trades provide bulker hope
Chief correspondent Jason Jiang writes that despite the ongoing China-US trade spat, 2019 looks set to be an improving one…
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Pacific Basin linked with another bulker buy
Hong Kong owner Pacific Basin has made its second acquisition in a week according to brokers. Seasure Shipbroking reports that…
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New loan sees Belships earmark $30m for fleet expansion
Norway’s Belships, which merged with Lighthouse Group late last year, has secured a $140m loan facility. Belships says that $110m…
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Scorpio seals sale and leaseback with CMB Financial for seven bulkers
Monaco-headquartered Scorpio Bulkers has agreed a deal for the sale and leaseback of seven vessels. Scorpio is selling three ultramaxes…
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