Dry Cargo
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Seanergy quits supramaxes
NASDAQ-listed Seanergy Maritime Holdings Corp has entered into definitive agreements with unaffiliated third parties for the purchase of a modern…
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Cosco secures bauxite shipping contract from CHALCO
Cosco Shipping Bulk, the bulk shipping unit of China Cosco Shipping Corporation, has announced that it has secured a long-term…
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Nova Marine Carriers flipping bulker for handy profit
Lugano-based Nova Marine Carriers group is expected to make a profit from the sale of one of two 2011-built handysize…
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Louis Dreyfus linked to rare bulker purchase
Brokers tell Splash that shy French charactering giant Louis Dreyfus has added the 57,000 dwt for a price of $9.3m…
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John Koo re-enters shipping with ultramax order at Wuhu Shipyard
Glory Maritime International, a new shipping company set up by Hong Kong shipowner John Koo, has officially signed shipbuilding contracts…
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Mitsubishi fleet sales gathers pace
The 83-ship bulker mammoth from Japan, Mitsubishi Corporation, is offloading ships at pace with Splash understanding three have been sold…
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Shandong Shipping orders up to 10 capes
Chinese state-run bulk entity Shandong Shipping has ordered five firm 180,000 dwt capesizes at Shanghai Waigaoqiao Shipuilding, according to Clarkson…
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Maritime CEO Forum returns to Hong Kong with all-star lineup
Tuesday afternoon sees the Maritime CEO Forum return to the Foreign Correspondents’ Club (FCC) in the heart of Central, Hong…
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Bulker order/demo ratio hits eight-year high
The ratio of dry bulk orders placed compared to vessels scrapped has risen to its highest level this year since…
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Scorpio Bulkers seals sale and leaseback of ultramax
Emanuele Lauro’s Scorpio Bulkers has sold 2016-built ultramax bulker for $20.5m, and will lease the vessel back on bareboat charter…
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Weekly Broker: Tankers lead the way as markets light up
Three weeks later than we had predicted the S&P scene finally lit up in the past few days, led by…
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Trade Fortune picks up Great Eastern kamsarmax, its first acquisition in two years
Greek dry bulk owner Trade Fortune has been revealed as the buyer of Great Eastern’s 2011-built kamsarmax . The Piraeus-based…
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NovaAlgoma and Peter Döhle Schiffahrts create new mini-bulker pool
NovaAlgoma Short Sea Carriers, a joint venture of Algoma Central Corporation and Nova Marine Holdings SA, and Peter Döhle Schiffahrts-KG…
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DCC Bulk Transport liquidated
DCC Bulk Transport, a Singapore-based chartered bulker operator set up by the Halkiases, a Greek shipowning family, is being liquidated,…
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Wisdom Marine orders ultramax pair at DACKS
Taiwanese bulker operator Wisdom Marine has placed an order at Dalian Cosco KHI Ship Engineering (DACKS) for the construction of…
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BW Dry Cargo makes first purchase of the year
BW Dry Cargo has bought its first ship of the year, taking a capesize. BW Dry Cargo has paid Japan’s…
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Klaveness Combination Carriers raises $45m for newbuilds
Klaveness Combination Carriers has raised $45m via a private placement, funds which will be used to partly finance two vessels…
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Carsten Mortensen resigns as BW Group CEO
BW today announced that group CEO Carsten Mortensen has resigned for personal reasons after three years in the job and…
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Noble Group sued for fraud
Iceberg Research has been joined by a group of perpetual bondholders in troubled commodities firm Noble Group in hiring UK…
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Weekly Broker: Weak charter rates stall purchases
The expected rebound in secondhand bulker sale and purchase market after the summer lull has yet to come, amid continued…
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