Dry Cargo
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Lauritzen Bulkers appoints new CEO
Lauritzen Bulkers, the bulk shipping unit of J. Lauritzen, has announce the appointment of Niels Josefsen as CEO. Niels Josefsen…
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Eastern Pacific exiting handysize and ultramax segments
Idan Ofer’s Eastern Pacific Shipping is having a notable dry bulk clear-out of its fleet. Seven smaller bulkers have been…
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Noble seeks Chapter 15 protection in New York
It has emerged that last week embattled Hong Kong commodities house Noble Group sought Chapter 15 bankruptcy protection at a…
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Scrubber-fitted dry bulk vessels will command 2020 premiums
A two-tier market will reward early adopters with higher time charter rates and asset values as cost of low sulphur…
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Eastern Pacific bags punchy $26.75m for 2016-built ultra
Idan Ofer’s Eastern Pacific has notched up what brokers describe as a “very good price” for an Imabari-built, two-year-old ultramax.…
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Weekly Broker: Modern bulkers in high demand
The strong performance in the secondhand dry bulk sale and purchase market continues for yet another week, coupled with the…
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Diana Shipping kamsarmax charter extended by Glencore
Greek dry bulk owner Diana Shipping has extended the current time charter contract with Glencore for 2013-built kamsarmax bulker .…
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Rosco fleet up for sale again
Chinese owner Rewood Ocean Shipping (Rosco) has listed its entire fleet for sale again, having failed to conclude a deal…
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Seafarer dies after falling from CSL bulker
A Canadian crewmember from handysize bulk carrier died after he fell off the ship into the St Lawrence Seaway on…
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EuroDry eyes fleet expansion after $30m refinancing
Greek dry bulk owner EuroDry, recently spun out from Euroseas, says it has refinanced the debt on four of its…
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Why you’d have to be mad to order a new bulker today
Average index rates for smaller bulkers enjoyed their highest rates in the third quarter since 2011, according to the head…
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CSSC Shipping adds two mini capes at Huangpu Wenchong
CSSC Shipping, the shipowning unit of China State Shipbuilding Corporation, has exercised options to construct two more 120,000 dwt mini…
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Cape market in the Pacific on fire: Radziwill
The Pacific market for capesizes is “on fire”, according to John Michael Radziwill. Speaking at last week’s Maritime CEO Forum…
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Supramax sales soar
It’s boiling hot in the supramax segment in the second week of October and a handful of prominent Greek owners…
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H-Line orders LNG-powered cape duo at Hyundai Samho
Fresh from sealing funds this week from newly incorporated state vehicle Korea Ocean Business Corp, H-Line Shipping has wasted no…
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ICBC Leasing sells panamax bulker
Chinese ship leasing house ICBC Leasing has sold its 2001-built panamax bulker via an auction at Guangzhou Shipping Exchange. The…
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Weekly Broker: Q4 off with a bang
Investors’ wait-and-see approach has finally transformed into action with a strong start in S&P action in the fourth quarter. Activity…
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Out of control Chinese bulker collides with three river vessels, four missing
Panamax bulk carrier , operated by Fujian Guohang Ocean Shipping, collided with three river vessels at Zhenjiang anchorage on Tuesday…
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Tianjin Shunhang’s CSC Phoenix stake to be auctioned by court
Chinese domestic dry bulk shipping operator CSC Phoenix has announced that a court in Shenzhen has ruled to auction its…
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Seoul extends state aid to more local lines
Fresh from lavishing national flagship HMM with $5.4bn in state funds, newly incorporated Korea Ocean Business Corp has set aside…
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