Dry Cargo
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Weekly Broker: Lighter Posidonia hangover a sign of the bargains on offer
The normal Posidonia hangover in the S&P markets has not been as keenly felt this year, a likely sign that…
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Eolos Shipmanagement scores above market $15m for its last kamsarmax
Georgios Feidakis’ privately held Eolos Shipmanagement has sold its last ship, pocketing a very tidy sum for an eight-year kamsarmax.…
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Zodiac Maritime quietly adds Japanese kamsarmax bulker
Eyal Ofer’s Zodiac Maritime has gone under the radar to add a Tsuneishi-built kamsarmax bulker to its fleet in an…
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Norden offers share sweetener to keep key staff sweet
Citing the increased likelihood of senior management in shipping being poached by rivals, Danish shipping line Norden has revised its…
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Orient Shipping snaps up Fairmont handy
Dutch dry bulk owner Orient Shipping has snapped up a Mitsubishi-built handysize from the Ho family-controlled Fairmont Shipping. The 2009-built…
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JT Cement orders second cement carrier from Ferus Smit Shipyard
Lidköping-based shipping company Erik Thun has announced that JT Cement, a joint venture controlled together with KGJ Cement and Nova Algoma…
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Tidships moves to acquire Belships
Norwegian bulker operator Belships has announced that it has received a voluntary cash offer from Consensio, a fully-owned subsidiary of…
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CSC Phoenix rocked by resignation of 42 employees
Chinese bulk shipping operator CSC Phoenix’s future operations has become uncertain with the company facing mass employee resignations. According to…
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Scorpio Bulkers secures new loan for kamsarmax pair
Emanele Lauro’s Scorpio Bulkers has received a commitment for a loan facility of up to $30m from ING Bank to…
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Premuda and Star Bulk tipped to bid for RBD Armatori’s fleet
At least two companies are very likely to make an offer for Italian owner RBD Armatori’s fleet to be sold…
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Pillarstone: Premuda’s back in the market in buying mood
One year after KKR Capital’s turnaround fund Pillarstone Italy took control of Italian owner Premuda, the Genoa-based shipping firm is…
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All eyes on Vale
The Brazilian miner has laid out some very robust iron ore production targets, writes Jeffrey Landsberg from Commodore Research. As…
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Weekly Broker: Quiet bullishness at Posidonia shows through
Brokers and owners were out far too late enjoying themselves in the Greek capital this past week, something that has…
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Diana Shipping fixes capesize to Koch Shipping
Greek owner Diana Shipping has entered into a time charter contract with Koch Shipping Singapore for its 2005-built capesize bulk…
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K Line top brass face repeated calls for their removal
Once again top brass at Japan’s third largest shipping line, Kawasaki Kisen Kaisha (K Line) are fearing for their jobs…
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Scrubbers take more flak at Posidonia
Politics, scrubbers, scrapping and consolidation were themes that dominated yesterday’s shortened TradeWinds Shipowners Forum, held just in front of the…
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Qinfa Group confirms sale of bulker to Kassian Maritime
China’s coal trading and logistics major Qinga Group has confirmed the sale of a 2011-built panamax bulker to Greek owner…
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NovaAlgoma Cement Carriers buys into JT Cement
NovaAlgoma Cement Carriers (NACC), a 50/50 joint venture company between Algoma Central Corporation and Nova Marine, has acquired a 25%…
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GoodBulk files for US IPO
John Michael Radziwill’s GoodBulk has finally pushed the go button on a long-awaited listing by filing a registration statement with…
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Levantina Bulk to close down
Despite being a commercial success, Genoa-based Levantina Bulk is closing its operations. Levantina Bulk was founded in Italy in 2013…
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