Dry Cargo
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Sinokor orders up to 20 newcastlemax bulkers at Jinhai
South Korean owner Sinokor Merchant Marine has signed shipbuilding contracts with China’s Jinhai Intelligent Manufacturing, formerly Jinhai Heavy Industry, for…
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Marmaras pounces for Toisa kamsarmax
Greek bulker specialist Marmaras Navigation is linked to last week’s purchase of Toisa’s 82,000 dwt . The Diamantides Diamantis led…
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Judge overturns Oakland’s ban on coal export terminal
A US federal judge in California on Tuesday overturned a ban by the city of Oakland on coal being transported…
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Star Bulk adds 15 vessels with Songa Bulk acquisition
New York-listed Greek owner Star Bulk Carriers has entered into definitive agreements to acquire 18 dry bulk vessels, 15 of…
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Increasing demand and rising costs drive newbuilding price hikes
Better earnings will power a recovery in newbuilding activity, while rising yards costs and the ongoing squeeze on capacity are…
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Pacific Basin adds four bulkers in deals worth $88.5m
Hong Kong owner Pacific Basin continues to grow it fleet with the acquisition of four bulkers, two supramaxes and two…
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Fredriksen opts for scrubbers on latest newcastlemax newbuilds
John Fredriksen’s Seatankers has ordered two newcastlemax bulkers at New Times Shipbuilding in China with Allied Shipbroking noting the 208,000…
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Shinsung Shipping adds three cargo ships at Dayang Offshore
South Korean owner Shinsung Shipping has placed an order at China’s Jiangsu Dayang Offshore Equipment for the construction of three…
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HSBC, ING and Cargill in landmark blockchain soya shipment
Dry bulk shipping has taken a transformative step with news of a landmark blockchain initiative. Hashtagged #TransformingTrade, banking giant HSBC…
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Pioneer Marine ends commercial management agreement with BaltNav
Handysize dry bulk specialist Pioneer Marine has reached a mutual agreement with Danish operator BaltNav to cease their cooperation, the…
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Japanese line fined $1m in the US
Japan’s Nitta Kisen Kaisha has been fined $1m by the US Department of Justice after one of its ships was…
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Diana Shipping newcastlemax charter extended by Koch
Greek owner Diana Shipping has agreed to an extension of the time charter contract with Koch Shipping for 2017-built newcastlemax…
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Weekly Broker: Deals pick up pace
The overall firm performance of the dry bulk shipping sector has continued to strengthen investor confidence in the secondhand bulker…
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EGPN Bulk Carrier breaks cover again
Chinese dry bulk specialist EGPN Bulk Carrier has snapped up its first supramax bulker. The Hong Kong registered outfit is…
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Genco secures $460m refinancing
US bulker owner Genco Shipping & Trading has entered into a commitment letter for a five-year $460m senior secured credit…
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Yudean Shipping charters panamax bulker from Fujian Shipping Group
Guangdong Yudean Shipping, the shipping unit of state run power enterprise Yudean Group, has signed an agreement with Fujian Shipping…
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Euroseas to spin-off dry bulk fleet creating EuroDry
In a move familiar to many New York-listed Greek shipping companies, Euroseas has announced plans to spin-off the company’s dry…
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DryShips sells bulker, seals sale and leaseback for five others
George Economou’s DryShips has sold off one of its bulkers, while also sealing a deal to sell five other bulkers…
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Bulker carrying disputed phosphate finally leaves South Africa after a year’s impoundment
Morocco’s OCP Group has finally managed to get a cargo of 55,000 tonnes of phosphates out of South Africa just…
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China disputes Iranian claims over the Sanchi disaster
Chinese officials have refused to confirm that a Hong Kong-flagged bulker was to blame for the worst tanker accident this…
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