Dry Cargo
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Polaris Shipping to exit supramax sector as VLOCs start rolling in
South Korea’s Polaris Shipping has put its only two supramaxes up for sale as a slew of much larger size…
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Eastern Pacific renews effort to exit handysize segment
Eastern Pacific has put its fleet of four handysize bulkers back into the shop window after an attempt to exit…
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Nissen Kaiun’s latest cape sale watched with interest
Nisshin Kaiun’s ongoing fire sale continues. This time the privately owned Japanese shipping mammoth is attempting to sell its oldest…
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Diana Shipping fixes bulker pair
Greek dry bulk owner Diana Shipping has entered into time charter contracts for two of its vessels. Uniper Global Commodities…
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Pan Ocean to order two capes on back of latest Vale contract
South Korean bulker giant Pan Ocean has announced it will buy two new capesizes having secured another long-term iron ore…
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One charged over Stellar Daisy sinking
A court in South Korea yesterday granted the arrest warrant for the former head of maritime affairs at Polaris Shipping,…
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Western Bulk suffers $10m Chilean hit
Oslo-based Western Bulk Chartering saw its full-year profits take a sizeable hit from some poor decisions taken by an employee…
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Shining International Shipping selling off fleet
Chinese bulker owner Shining International Shipping is selling its fleet of two handysize bulkers. According to shipbroking sources, the company…
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Arrest warrants sought for Polaris and KR officials over Stellar Daisy sinking
Nearly 22 months after the tragic sinking of the Stellar Daisy VLOC arrest warrants have been sought by the Busan…
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Weekly Broker: Owners pin hopes on Year of the Pig
The year of the dog is fading out with barely a bark, with owners hoping the upcoming Chinese New Year…
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An ultramax in and two supramaxes out at Eagle Bulk
US dry bulk owner Eagle Bulk Shipping has confirmed the acquisition of a 2015-built ultramax bulker for $20.4m in a…
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Ocean Agencies makes rare purchase
Ocean Agencies, a low profile Ukrainian shipowner based in London, has made its first vessel purchase in years. The company…
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Oman Shipping Company readies bulk and box fleet diversification
Oman Shipping Company (OSC) is plotting a fleet diversification into dry bulk and containers. The Middle Eastern owner yesterday confirmed…
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Dangerous dry bulk trade forecasts
Regular contributor Jeffrey Landsberg from Commodore Research warns he has been seeing some bizarre trade forecasts lately. “I can’t remember…
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NYK Bulk & Projects Carriers secures biomass fuel transport contracts
NYK Bulk & Projects Carriers, the bulker unit of NYK, has secured long term biomass fuel transport contracts from two…
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Load Line Marine returns to Conti Group for another supramax
George Souravlas and Load Line Marine have acquired 2011-built Chinese supramax from Germany’s Conti Group, according to a report from…
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Unisea revealed as buyer of PIL’s last capes
Adamantios Lemos-controlled Unisea Shipping has emerged as the buyer of the Teo family’s last two capesizes. Splash reported last month…
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General cargo ship sinks near Fujian, one missing
Chinese general cargo ship Zhong Xing 689 sank near Pingtan of Fujian yesterday, while it was sailing from Shantou to…
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China Navigation acquires Hamburg Süd bulk business
Singapore’s China Navigation Company (CNCo), part of the Swire Group, has reached an agreement with Hamburg Süd to acquire the…
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Chronos buys its youngest ship to date
Greece’s Chronos Shipping has bought its first ship of the year, adding a five-year-old kamsarmax bulker from Japan’s Nissen Kaiun’s…
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