Dry Cargo
-
Angelicoussis crowned the highest valued Greek shipping billionaire
Greek shipping stats keep coming in thick and fast to the Splash newsroom ahead of next week’s Posidonia exhibition in…
Read More » -
Weekly Broker: Greeks turn attention to tanker bargains
Despite the first champagne corks popping in Athens as Posidonia parties get underway the secondhand bulker sale and purchase market…
Read More » -
GoodBulk: John Michael Radziwill stars on the cover of Posidonia special issue of Maritime CEO
The latest issue of Maritime CEO magazine launches today with a suitably Greek flavour to proceedings given that the publication…
Read More » -
Another elderly Polaris VLOC in trouble
South Korean owner Polaris Shipping’s 1994-built very large ore carrier suffered a fire in its engine room off the Brazilian…
Read More » -
DryShips acquires newcastlemax and suezmax from Economou
Greek owner DryShips has entered into agreement to acquire one 2013-built newcastlemax bulker and one 2017-built suezmax tanker. The vessels…
Read More » -
CMES and ICBC Leasing team up to invest in six VLOCs
China Merchants Energy Shipping (CMES) subsidiary China VLOC Investment has entered into an agreement with VLOC Maritime Holdings, a unit…
Read More » -
Can money still be made in shipping by flipping ships?
Unlike other capital assets whose value depreciates over the economic life of the asset, ships are known to appreciate in…
Read More » -
Klaveness sets up in Dubai
Norwegian owner Torvald Klaveness has expanded its presence in the Middle East by setting up an office in Dubai. The…
Read More » -
Berge Bulk scales up with Matterhorn purchase
Berge Bulk is revealed as the taker of the eight year old cape, , a Dalian-built ship reported sold at…
Read More » -
H-Line takes another modern cape
Hsin Chien Marine is the second Taiwanese owner in the past fortnight to be offloading relative modern bulkers. Over the…
Read More » -
Meghna orders ultramax pair at Taizhou Sanfu
Bangladeshi owner Meghna Marine has placed an order at China’s Taizhou Shipbuilding for the construction of a 64,000dwt ultramax bulker,…
Read More » -
CSC Phoenix fails to extend charters, faces imminent capacity shortage
China’s CSC Phoenix has failed to negotiate new charter contracts for a total of 13 bulkers with its former parent…
Read More » -
Abandoned Aroania Maritime bulker to be auctioned by Chinese court
China’s Ningbo Maritime Court will hold an auction for the handymax bulker via online platform Taobao on July 25. The…
Read More » -
Weekly Broker: Dry bulk activity falls in line with diminished freight rates
This past week has seen a surge in the volume of ships changing hands, contributed in no small part by…
Read More » -
Euroseas gets approvals for EuroDry spin-off
Greek owner Euroseas has received the relevant approvals for its EuroDry spin-off, which will be listed on the NASDAQ Capital…
Read More » -
Diana Shipping capesize extended by Koch
Greek dry bulk owner Diana Shipping has sealed a new time charter contract with Koch Shipping for 2013-built capesize for…
Read More » -
Essar Shipping to dispose of older vessels
India’s Essar Shipping has passed a resolution to sell off its older vessels as part of the company’s fleet renewal…
Read More » -
Nisshin Shipping adds nine ultramax bulkers at Nantong Xiangyu
Japanese owner Nisshin Shipping has placed an order at China’s Shipbuilding & Offshore Engineering for the construction of up to…
Read More » -
Nova Shipping adds to woodchip orderbook at Chengxi
Singapore’s Nova Shipping has returned to Chengxi Shipyard in China for four firm plus four options of woodchip carriers. The…
Read More » -
Ta-Tong Marine offloads its last kamsarmax
Taiwan’s family run Ta-Tong Marine has decided to sell its only kamsarmax, offloading the 83,000 dwt to Greece’s Unisea for…
Read More »