Dry Cargo
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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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Okouchi Kaiun and Fukuji Kisen order ultramaxes at Cosco Dalian Shipyard
Japanese owners Okouchi Kaiun and Fukuji Kisen have each placed an order at China’s Cosco Dalian Shipyard for a single…
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SwissMarine extends Diana Shipping capesize charter
Greek owner Diana Shipping has entered into a new time charter contract with SwissMarine Services for 2009-built capesize . The…
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Toisa’s kamsarmaxes expected to garner much interest
S&P brokers this week will be keeping an eye out for the price levels achieved on a series of young…
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Essar Shipping: Of cabotage and level playing fields
India might have the world’s fastest growing big economy at the moment, but its shipping scene is lagging far behind,…
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Euroseas secures loan and charter for newbuild kamsarmax
Greek owner Euroseas has secured an $18.4m loan to finance its newbuild kamsarmax bulker and fixed the bulker on a…
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AVIC orders panamax bulker pair for Shandong Shipping at Jinling Shipyard
Chinese financial leasing firm AVIC International Leasing has placed an order at Sinotrans & CSC affiliated Jinling Shipyard for the…
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Scorpio offloads supramax quartet to BoComm
China’s Bank of Communications Financial Leasing has emerged as the taker of a supramax quartet from Emanuele Lauro’s Scorpio. Sources…
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Shanghai Stock Exchange questions Ningbo Marine restructuring
Shanghai Stock Exchange (SSE) has written to dry bulk shipping operator Ningbo Marine, requesting explanations on several issues regarding the…
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Grounded Wah Kwong bulker disrupts traffic around Rosario port
A bulker carting a cargo of soybean meal was grounded on Argentina’s Parana River causing disruption to the grains hub…
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Khalid Hashim warns of 2020 ‘supply shock’ coming to dry bulk
Khalid Hashim, the well respected head at Thai dry bulk line Precious Shipping, has warned of a “supply shock” likely…
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Jadroplov Shipping restructuring approved by EU
The European Commission has approved a restructuring plan for Croatian bulker operator Jadroplov Shipping. The commission believes Jadroplov Shipping’s restructuring…
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$177m Rosco fleet deal falls through
A $177m deal reported in February for the entire fleet of Chinese owner Rewood Ocean Shipping (ROSCO) has fallen through.…
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Weekly Broker: Dry bulk pause
Following two strong weeks in the secondhand bulker sale and purchase market, the activities were slightly subdued in the past…
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Thoresen confirms supramax acquisition
Nearly two months after Splash first reported the deal, Thai owner Thoresen has confirmed the acquisition of 2008-built supramax bulker…
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CSC Phoenix in for two secondhand bulkers
Chinese domestic owner CSC Phoenix has acquired two secondhand bulk carriers, having announced plans to do so in March. The…
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China’s seaborne coal imports slide by nearly 30% in wake of Beijing’s latest restrictions
On April 16, in a bid to boost boost domestic thermal coal prices and production, China imposed restrictions on coal…
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