Dry Cargo
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Diana Shipping fixes panamax bulker to ST Shipping
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Glencore’s Singapore-based subsidiary ST Shipping and…
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Eastern Pacific Shipping puts handysize fleet up for sale
Idan Ofer’s Eastern Pacific Shipping has put its fleet of four handysize bulkers up for sale. Brokers are circulating the…
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Gestioni Armatoriali fleet goes to Deutsche Bank and Attestor Capital
The entire fleet of Ravenna-based Gestioni Armatoriali, made up of nine bulkers and three tankers, will be transferred to Deutsche…
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Scorpio Bulkers sells and charters back ultramax
Monaco owner Scorpio Bulkers has entered into a transaction with an unaffiliated third party for the refinancing of one of…
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Navibulgar secures Chinese financing for six newbuildings
Bulgarian owner Navibulgar has signed an agreement with China’s policy bank China Exim Bank for the financing of six newbuild…
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Seanergy unlocks over $10m from refinancing of cape pair
Seanergy Maritime Holdings has successfully completed the refinancing of a loan facility secured by 2010-built capesizes Lordship and Knightship. The…
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Star Bulk Carriers completes Songa Bulk acquisition
New York-listed Greek owner Star Bulk Carriers has completed its acquisition of Arne Blystad’s Oslo-listed Songa Bulk, adding 15 dry…
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Cape rates soar 40% this week
Tight supply and markedly increased demand in fronthaul and transatlantic trades, with some healthy assistance from West Australian exports, have…
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Weekly Broker: Cape summer spur set to see deals intensify
School’s out for summer in the northern hemisphere, but canny owners are likely to need to keep their smartphones to…
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Diana Shipping post-panamax extended by Cargill
Greek dry bulk owner Diana Shipping has agreed an extension with Cargill to the time charter contract for 2012-built post-panamax…
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Klaveness declares option on combination carrier
Norwegian owner Klaveness, via its newly formed company Klaveness Combination Carriers, has declared an option at China’s Jiangsu New Yangzi…
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ESL Shipping pounces for Sweden’s AtoB@C
Shipping’s consolidation phase has turned to niche Scandinavian dry bulk names. ESL Shipping, a shipping company fully owned by Finnish…
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Cape volatility here to stay: Alphabulk
Market volatility is not going away in the dry bulk sector, analysis from Alphabulk shows. In its latest weekly report,…
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False dawns and renewed hope: confidence in shipping since the global financial crisis
Shipping confidence held steady in the three months to end-May 2018 according to UK shipping accountant Moore Stephens’ latest Confidence…
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GoodBulk postpones New York IPO
Despite the buzz within the shipping industry surrounding this month’s announcement that Monaco-headquartered GoodBulk had filed to list in New…
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Weekly Broker: Marinakis steals the show
The appetite for sale and purchase deals remains very firm in the dry bulk sector in the past week, despite…
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Cargill inks time charter agreement for baby capes with CSSC Leasing
US commodity trader Cargill has entered into an agreement with CSSC Leasing, the shipowning unit of China State Shipbuilding Corporation…
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Diana Shipping secures $75m facility, unencumbering 17 vessels
Greek dry bulk owner Diana Shipping has signed a term sheet with BNP Paribas for a five year loan facility…
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Nova Marine Carriers orders 18 bulkers at Ningbo Xinle
Nova Marine Carriers has signed shipbuilding contracts with China’s Ningbo Xinle Shipbuilding for the construction of 18 mini bulk carriers.…
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Celsius Shipping makes $10m on sale of supramax pair
Breakwater Capital’s Celsius Shipping has made around $10m in just under two years with the sale of 2012-built supramax pair…
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