Dry Cargo
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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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Sincere makes first sale for many years
Sincere Navigation, one of the biggest shipping players on the Taiwanese stock exchange, has sold of one of its oldest…
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MOL orders newcastlemax pair at Imabari
Japanese shipping major Mitsui OSK Lines (MOL) has ordered two 240,000 dwt newcastlemax bulk carriers at domestic yard Imabari Shipbuilding,…
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Nobu Su publishes his take on the global financial crisis
Ten years on from the start of the global financial crisis Taiwanese shipping magnate Nobu Su has a book out…
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W Marine takes its ninth bulk carrier from Marwave
Athens-based W Marine is reported on the market as the buyer of modern (2011-built) post-panamax bulk carrier for $17.2m. Silvia…
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Diana Shipping signs new charter deal with Ausca for panamax
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Ausca Shipping in Hong Kong for…
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Clive Richardson joins Navig8
Ex-V.Group boss Clive Richardson has started a new role with Navig8 Group. Navig8, the world’s largest independent pool and commercial…
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Nomikos tied to panamax purchase
AM Nomikos has revealed its second ship purchase this year. Its website shows it added the 82,000 dwt BBG Ambition,…
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MSPL puts post-panamax pair up for sale
Indian iron ore miner MSPL, part of the Baldota Group, has put a pair of 2011-built post-panamax bulkers up for…
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Dingxin Shipping orders ultramax at Wuhu Shipyard
Dingxin Shipping, a new Quanzhou-based bulk shipping operator, has placed an order at Wuhu Shipyard for the construction of a…
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Shenhua Group appoints new president
China’s state-run energy group Shenhua Group has announced the appointment of Zhang Jiming as the new president of the company…
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