Dry Cargo
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New Yangtze takes supra sisters
Two ships previously under ASM Maritime control have just been sold. Broking sources tell Splash that the two ten-year-old supramaxes,…
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Wilson sells vintage bulker
Norway’s Wilson has sold the 1976-built bulk carrier Wilson Rye to an unnamed party for €525,000 ($640.6k). The Kleven-built vessel…
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Market flooded with vintage ships for sale
Brokers report the market is flooded with elderly ships for sale. For instance, at least 15 late 1990s built panamaxes…
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Greek owner blasts Iraqi authorities over prolonged handymax detention
The owner of the Royal Arsenal has expressed deep frustration at the continued detention of the ship, eight months after…
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Star Bulk adds 16 Augustea bulkers in all-share transaction
Greek dry bulk owner Star Bulk Carriers has moved to take its fleet to 90 vessels, with the acquisition of…
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Nobu Su documentary raises more questions than it answers
Jenna Brown from Shipamax, the cloud software platform for the bulk shipping industry, attended Friday’s premiere of The Outsider, the…
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Crew die from coal gas leak
Two Chinese crew onboard to bulk carrier Feng Hui Hai died on Sunday and another is in a critical condition…
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Diana Shipping fixes panamax bulker to Glencore
Greek dry bulk owner Diana Shipping has fixed 2007-built panamax vessel Arethusa to Glencore Agriculture for a period of 12-15…
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Oldendorff halts Guyana business because of US sanctions on Russian aluminum firm
Germany’s largest bulk shipping firm, Oldendorff Carriers is stopping its dealings in Guyana because the Russian company with which it…
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Owners have lost control of the cape spot market
Louis Dreyfus Armateur’s decision to exit the cape spot market has elicited much response. Chief correspondent Jason Jiang identifies the…
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Handysize bulkers eyed as best asset play in 2018
Handysize bulkers, a very popular S&P item over the past 18 months, are Splash readers’ top pick still in terms…
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Key Noble shareholder attacks top management
One of the largest shareholders in Noble Group has renewed its attack on the embattled commodities trader. Abu Dhabi-based investment…
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Weekly Broker: En bloc deals dominate
Activities in the secondhand bulker sale and purchase market kept up a steady trend this week after the market bounced…
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Chinese owner thrives on Germ growth
A low key Chinese owner, which goes by the abbreviation DYI, is spreading its wings. Sources tell Splash that the…
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Diana Shipping wins new charters from Cargill
Greek owner Diana Shipping has fixed kamsarmax bulker Myrto and capesize Santa Barbara to new time charter contracts with Cargill.…
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Big baby cape order from Russia
A month after Russian oil product supplier Amurskaya Neftebaza made headlines for ordering a 4,500 dwt tanker at China’s Dajin…
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S’hail Shipping secures $19.2m loan from Qatar Development Bank
Qatari owner S’hail Shipping and Maritime Services has reached a financing agreement with Qatar Development Bank. Under the agreement, Qatar…
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Scorpio Bulkers seals Japanese sale and leaseback for ultramax
Scorpio Bulkers is selling its 2015-built ultramax to an unaffiliated third party in Japan for $19m. The vessel is being…
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Thorco Bulk changes name to Trithorn Bulk
Danish bulk shipping operator Thorco Bulk, part of Thornico, has announced that the company has changed its name to Trithorn…
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British owners head to China for bulkers
A pair of British owners have gone to China in bulker buying mode. Brokers report that family owned Hadley Shipping…
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