Dry Cargo

Caravel hunts handymax buys

April 16th, 20150 Hong Kong: The Caravel Group, the shipping and trading group founded by Harry Banga in 2013, is in the market for secondhand handymaxes. Speaking with Splash, Mudit...

Zhongchang Marine to borrow $48.3m

April 15th, 20150 Shanghai: Shanghai-listed domestic dry bulk shipping company Zhongchang Marine has said that it plans to borrow RMB300m ($48.3M) from Shanghai Taici Investment over a...

Cosco disposes of 14 vessels

April 14th, 20150 Shanghai: Chinese shipping giant Cosco has announced that it has sold 13 bulkers and one containership with a total capacity of 924,700 dwt for scrapping as part of its...

Chinese seafarer kills two colleagues

April 13th, 20150 Manila: In a horrific attack, a Chinese seafarer killed two of his colleagues with a knife, and injured another crewmember in Philippine waters, the local coast guard...
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