Dry Cargo
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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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BW puts its first two kamsarmaxes in the shop window
BW Dry Cargo, founded in April 2016, is looking to cash in on rising prices for kamsarmaxes, putting the first…
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Star Bulk refinances 26 vessels in loan deal to fund 50 scrubbers
Greek dry bulk owner has entered into a $310m loan agreement which refinances 26 vessels and includes a $70m tranche…
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AVIC International Leasing orders eight ultramax bulkers at Dayang
Chinese financial leasing company AVIC International Leasing has signed shipbuilding contracts with SUMEC Marine for the construction of eight 63,500…
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Hahn & Co completes SK Shipping takeover
South Korean private equity firm Hahn & Co has completed the buyout of one of the nation’s largest owners, SK…
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Another Di Yuan Shipping bulker to be auctioned by court
Guangzhou Maritime Court will hold an auction for defunct Shantou Di Yuan Shipping’s 2009-built bulk carrier Di He on October…
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S’hail Shipping fleet plans take shape
Qatar’s S’hail Shipping has been linked to its fifth ship purchase since its shipowning debut at the beginning of last…
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Guanggu Financial Leasing enters ship leasing sector
Shanghai Guanggu Financial Leasing has entered into the ship leasing sector after securing its first ever ship deal. The company…
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Bocomm adds four more kamsarmaxes at CSSC Chengxi
China’s Bank of Communications Leasing (BoComm Leasing) has signed shipbuilding contracts with CSSC Chengxi Shipyard for the construction of four…
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Sverre Tidemand doubles Belships’ fleet with Teigen deal
Sverre Tidemand’s Belships and the Frode Teigen-controlled companies Kontrari and Kontrazi have signed a plan to merge. Tidemand’s investment vehicle…
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Anglo Investments fleet hits five with post-panamax acquisition
British shipowner Anglo Investments, headed by ex-Graig executive Steven Davies, has picked up it fifth vessel having been revealed as…
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Scorpio Bulkers pockets $28m from refinancing of ultramaxes
Emanuele Lauro’s Scorpio Bulkers has been given a commitment by Nordea Bank and DVB Bank for a loan facility of…
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Asia Maritime Pacific merges with Fenwick
Two famous names in Hong Kong dry bulk circles have merged in shipping’s ongoing era of consolidation. Asia Maritime Pacific…
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Maritime CEO Forum: Private versus public dominates dry bulk debate
The merits of being either a private or public company dominated much of the discussion during the dry bulk panel…
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Weekly Broker: Prices jump on renewed chartering optimism
The strong rebound of sale and purchase activity in the previous week did not continue this week, despite the chartering…
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