Dry Cargo
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VLGC rates surge on Panama Canal cuts
News this week of further daily transit cuts at the Panama Canal has sent a rocket through the already hot…
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Record dry weather forces further dramatic cuts at the Panama Canal
The dry weather in Panama shows no sign of letting up with the El Niño weather phenomenon wreaking havoc to…
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Star Bulk continues Oaktree share buyback
Greek dry bulk giant Star Bulk Carriers has bought back another 10m shares from its largest investor, Oaktree Capital Management.…
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Strike along the St Lawrence ends
Ships will start working again along the St Lawrence river this morning, bringing an end to an eight-day strike after…
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Clipper CEO outlines plans to add 100 ships
One of Denmark’s most famous shipowning brands is readying to head back to previous glories, announcing plans to add 100…
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Israel will compensate any ships damaged during its war with Hamas
Aware of the risks to its supply chains from ships diverting from its risky coastline, Israel has said it will…
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EuroDry forms shipowning joint venture for bulker duo
Greek dry bulk owner EuroDry has formed a joint venture with several investors represented by NRP Project Finance regarding the…
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Italy’s Manisa books up to eight ships in China
Italy’s Manisa is expanding its fleet with a shipbuilding contract at CSSC Guangxi yard for up to eight general cargo…
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Ships advised to wait further offshore as rockets rain down around Israel
Shipping lines are being advised to wait further offshore when calling Israel as the nation battles Hamas. Yesterday Hamas launched…
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Why dry bulk owners have cause for optimism
China’s steel sector remains in the doldrums as “market players are taking a fence-sitting attitude” after the Golden Week holiday…
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Seacor sells inland shipping business to Ingram
US owner Seacor Holdings has sold Inland River Transport Holdings (SCF) to Ingram Barge Company, a division of Nashville-based Ingram…
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Trøim’s Himalaya Shipping fixes entire fleet
Oslo-listed Himalaya Shipping has secured employment for its entire fleet of newcastlemax dry bulk carriers, having struck a new charter…
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Grindrod offloads four bulkers
Singapore-based bulker owner Grindrod Shipping has continued its ship sale campaign, confirming the exit of two ultramaxes and deals for…
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Several missing after cargo ship sinks off German coast
A general cargo ship has sunk following a collision of two vessels some 22 kilometres southwest of the island Heligoland…
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Diana Shipping makes offshore wind vessels play
New York-listed Greek bulker owner Diana Shipping has signed a term sheet to take part in a joint venture that…
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Densay adds another newbuild in China
Fast expanding Turkish owner Densay Shipping is back in China, signing for another newbuild. Multiple brokers report that Densay has…
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Castor ships out pair of panamax bulkers
Cyprus-based bulker and boxship owner Castor Maritime is selling two of its panamax dry bulk ships for an aggregate of…
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Chinese iron ore inventories slip below 100m tons
Iron ore port stocks in China have slipped to below the 100m ton mark for the first time since September…
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Chinese-built capes commanding big numbers
A rare finding has emerged in this weekend’s broker reports that are still filled with cape sales, creating an atmosphere where positivism…
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Star Bulk joins the rush for kamsarmax orders
Nasdaq-listed Greek dry bulk owner Star Bulk Carriers has signed up for a fresh pair of kamsarmaxes in China. The…
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