Dry Cargo News - Dry Bulk Shipping & Commodity Industry Updates

Dry Cargo

Anglo-Eastern boss predicts continued softness in dry bulk market

February 9th, 20150 Kolkata: Sea freight for dry bulk cargo like coal and fertiliser is expected to remain soft for the next couple of years due to oversupply of bulk carriers, according to...

Dry Cargo

Hyundai Glovis wins Qatari contract

February 8th, 20150 Doha: Hyundai Glovis, the logistics subsidiary of Korea’s Hyundai Motor Group, has won a $100m shipping service contract with a building materials firm in...

Dry Cargo

BlueMountain Capital buys up Scorpio Bulkers shares

February 6th, 20150 Monaco: BlueMountain Capital has bought even more shares in Scorpio Bulkers, increasing its stake to 12.1m shares, a US SEC filing said. In September, the New...

Dry Cargo

Two more coal ports for Primorye

February 6th, 20150 Dalian: Russia will start building a new coal terminal with the help of Chinese finance in Severniy port in the Far Eastern Primorye region. The $340m terminal, with...

Dry Cargo

Western Bulk CFO denies Copenship exposure

February 5th, 20150 Oslo: Dry cargo outfit Western Bulk has dismissed rumours it has extensive exposure to Danish Copenship’s bankruptcy earlier in the week Håvard Furu, the CFO of...

Dry Cargo

Copenship closes

February 4th, 20150 Oslo: Dry cargo is painful for many at the moment but for Denmark's Copenship it has proven unbearable which has become the latest shipping firm to close down amid the...

Dry Cargo

Clearlake extends timecharters of Diana Shipping bulkers

February 3rd, 20150 Athens: Gunvor's subsidiary Clearlake Shipping (Singapore) has extended the timecharters of two dry bulk carriers chartered from Greece's Diana Shipping in deals worth a...

Dry Cargo

Ningbo Marine orders three bulkers

February 3rd, 20150 Shanghai: Ningbo Marine, the shipping arm of Zhejiang Energy, announced that the company has inked a newbuilding contract with Jinling Shipyard for the construction of...

Dry Cargo

Österreichischer Lloyd: Gap widens between dry bulk and containers

January 16th, 20150 Limassol: The fortunes of dry bulk and container shipping look to be headed in very different directions, according to the veteran head of one of Cyprus’s top names in...

Dry Cargo

Herun cooperates with Putian port

January 12th, 20150 Shanghai: Multi-sector private Chinese company Herun has inked a strategic cooperation agreement with the southern Chinese city of Putian to develop logistics...

Dry Cargo

Stopford onboard for dry bulk debate

November 11th, 20140 Hong Kong: The line up for next week’s latest SinoShip Dry Bulk Business Breakfast is complete with news just out that one of the world’s best-known analysts, Dr...

Dry Cargo

Herun signs finance deal for newbuild bulkers

October 29th, 20140 Shanghai: Multi-sector private company Herun has inked strategic a cooperation and finance leasing agreement with CSSC (Hong Kong) Shipping and AVIC Leasing for four...

Dry Cargo

Star Bulk: Shipping's top consolidator

September 26th, 20140 Athens: In the bulk trades in 2014 Spyros Capralos has clearly been the shipowner newsmaker of the year. The chairman of Star Bulk Carriers now presides over the largest...

Dry Cargo

Maritime CEO 400: Dry bulk's small window of opportunity

September 2nd, 20140 Singapore: As Maritime CEO celebrates passing the 400 interview mark, all week we are diving into our archives to see what leading shipowners have said about the markets...

Dry Cargo

Oldendorff: Reading the waves

August 21st, 20140 Lübeck: Oldendorff Carriers is one of the grandest names in German shipping, operating at any given time more than 500 ships, including its transloader units. Typically...

Dry Cargo

Kambara Kisen: Doing its own thing

August 19th, 20140 Fukuyama: Hirotatsu Kambara is a busy man. As well as being an executive director for Tsuneishi Shipbuilding he is the president of Japanese shipping line, Kambara...

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Splash Dash

Coles wields the axe at Wallem
Frank Coles has wasted little time in stamping his authority at Hong Kong’s Wallem... Feb 22nd, 2019 inGreater China
Carnival and DNV GL study claims scrubber washwater is safe
The pro-scrubber lobbying group, Clean Shipping Alliance 2020 (CSA 2020), held its first technical... Feb 22nd, 2019 inEnvironment
ADNOC plans to add 25 vessels to fleet
Abu Dhabi National Oil Company (ADNOC) plans to add more than 25 vessels to its shipping fleet over... Feb 22nd, 2019 inTankers
Protests grow against Korea’s mega yard merger
Hyundai Heavy Industries' (HHI) plan to take over Daewoo Shipbuilding & Marine Engineering... Feb 22nd, 2019 inShipyards
Smart Maritime Network: Cross-industry technology harmonisation initiative launches
Next week sees the launch of the Smart Maritime Network in London. The initiative is the brainchild... Feb 22nd, 2019 inMaritime CEO

Carnival and DNV GL study claims scrubber washwater is safe

Smart Maritime Network: Cross-industry technology harmonisation initiative launches

Shareholders approve Ensco’s acquisition of Rowan Companies

DOF Subsea secures three contracts in Brazil

Carnival and DNV GL study claims scrubber washwater is safe

Flexport secures $1bn in new financing

CSL Group adds handymax for conversion

Shareholders approve Ensco’s acquisition of Rowan Companies

ADNOC plans to add 25 vessels to fleet

UAE eases Qatari shipping ban

Shelf Drilling acquires two jackup rigs, charters another two

James Fisher expands in Middle East with acquisition of Murjan Al-Sharq Marine

Protests grow against Korea’s mega yard merger

HMM CEO quits

Duke Offshore awarded vessel contract by Daewoo and Tata Projects

Manila seeks to fix empty container congestion issue

Coles wields the axe at Wallem

China Merchants to raise $610m for newbuildings and scrubbers

Foremost Group orders kamsarmax pair at CSSC Chengxi

Zhejiang Seaport Group buys into Shanghai container terminal operator

Baltic Dry Index reaches historic low