Dry Cargo
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Foremost orders post-panamax pair at Oshima Shipbuilding
US dry bulk owner Foremost Group has placed an order at Japanese yard Oshima Shipbuilding for the construction of two…
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Eagle Bulk confirms ultramax swoop
Stamford-headquarted dry bulk owner Eagle Bulk Shipping has announced the acquisition of a 2014-built ultramax bulker for $21.2m. Splash reported…
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Jinhui Shipping sells another supramax
Chinese dry bulk owner Jinhui Shipping and Transportation has announced the sale of 2001-built supramax for $8.61m. The buyer is…
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RBD Armatori fleet sale falls through
No one has been willing to shell out the $200m demanded for the 13 ships belonging to bust RBD Armatori.…
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Laid-up kamsarmax finally finds a buyer
The seven-year-old, 81,700 dwt Trojan Maritime-owned has finally found a buyer in the form of a new entity called Derby…
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FIS introduces new grain routes to China
Harking back to the early days of forward freight agreements (FFAs) in the 1990s, the UK’s Freight Investor Services is…
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Ship deals fall through as Chinese Tier II deadline approaches
Brokers are reporting multiple accounts of ageing bulker deals falling through in the last 10 days thanks to an impending…
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Sinotrans & CSC takes aim at CSC Phoenix owners
China’s state-run shipping and logistices giant Sinotrans & CSC has filed a court case against Tianjin Shunhang Shipping and Guangzhou…
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Coeclerici cashes out of coal transhipment with sale to Vale
After almost half a century Milan-based Coeclerici Group has closed its coal logistics division, the pioneers of coal transhipment claiming…
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HTM Shipping sells second ultramax to Eagle Bulk
Pure breed bulker player Eagle Bulk Shipping broke cover earlier this week, adding its first ship this year, winning the…
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Sinotrans asks CSC Phoenix to change name
Chinese domestic dry bulk shipping operator CSC Phoenix has received a letter from its former parent, Sinotrans & CSC Group,…
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Weekly Broker: Looming price shift between different age groups holds owners back
Solid freight rates seen in the dry bulk sector kept secondhand sales ticking over at a decent click this week.…
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Genco Shipping acquires two more capesizes
New York headquartered dry bulk owner Genco Shipping & Trading is acquiring two 2016 South Korean-built capesize bulkers for a…
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Don’t believe the hype when it comes to dry bulk reporting
A new online comparison tool will give investors a more transparent look at listed dry bulk shipping companies, writes Anders…
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H-Line orders LNG-powered capes
In an all South Korean newbuild deal, local owner H-Line has gone to Hyundai Heavy Industries for a pair of…
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Gleamray Maritime puts panamax bulker up for sale
Greek dry bulk owner Gleamray Maritime is looking to sell 2008-built panamax and has engaged Clarksons and Arrow to sell…
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Diana Shipping arranges new $75m loan
Greek dry bulk owner Diana Shipping has sealed a new term loan facility for up to $75m with BNP Paribas.…
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Jinhui Shipping sells supramax for $8.35m
Chinese dry bulk owner Jinhui Shipping and Transportation has announced the sale of 2001-built supramax for $8.35m. The buyer is…
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Pavimar doubles down with another asset play
Weeks after being reported as the taker of one the six kamsarmaxes from Toisa’s bank driven fleet sale, Pavimar has…
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CSC Phoenix struggles to replace management vacancies
Chinese domestic dry bulk shipping operator CSC Phoenix has put up a list of nine candidates for the election of…
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