Dry Cargo
-
Volatile capes trading below opex again
The volatile cape market has taken a serious nosedive this week, brokers at Fearnleys report, with ships in the Atlantic…
Read More » -
China Navigation: In growth mode
China Navigation (CNCo), one of the most venerable names in Asian shipping, is very much in a phase of expansion,…
Read More » -
Dragged anchor causes massive oil spill off Borneo
An unnamed Panamanian flagged coal carrier stands accused of causing a massive 13,000 ha oil spill off Borneo this week.…
Read More » -
Seoul’s new shipping package will see 200 more ships ordered by 2020
South Korea’s Ministry of Oceans and Fisheries today unveiled its mid-term restructuring plan for the nation’s shipbuilding and shipping sector,…
Read More » -
Weekly Broker: Easter fails to egg on S&P
With charter rates cooling for dry bulk and tankers remaining in the doldrums this past week has seen owners step…
Read More » -
Nova Marine Carriers takes bulk pair from United Seven KG
Lugano-based Nova Marine Carriers is going to add two modern bulk carriers to its fleet. According to some market reports…
Read More » -
Diana Shipping signs new newcastlemax charter with SwissMarine
Diana Shipping has entered into a new time charter contract with SwissMarine for 2012-built newcastlemax bulker . The 9-12 month…
Read More » -
26 vessels up for grabs in Toisa sell-off
Clarksons has been appointed by the US Bankruptcy Court to sell off the entire commercial shipping fleet of Gregory Callimanopulos’s…
Read More » -
Jakarta to ditch controversial coal and palm oil shipping ruling until 2020
The Indonesian government has taken the decision to postpone until 2020 controversial plans to make all exports of coal and…
Read More » -
Scorpio Bulkers seals kamsarmax financing
Scorpio Bulkers has been given a loan facility commitment for up to $12.75m to finance a kamsarmax newbuilding due for…
Read More » -
Maybulk to offload stake in POSH
Malaysian Bulk Carriers (Maybulk), controlled by tycoon Robert Kuok, has proposed to dispose of its entire 21.23% stake in loss-making…
Read More » -
Noble Group sells kamsarmax to Transmed Shipping
Hong Kong commodity trader Noble Group has entered into an agreement with Greece’s Transmed Shipping to sell 2015-built kamsarmax bulker . The 81,502…
Read More » -
Three Henghai Shipping bulkers sold via auction
Three bulk carriers of Ningbo-based Henghai Shipping, the 2006-built Heng Hai 6, the 2007-built Heng Hai 11 and the 2008-built…
Read More » -
Weekly Broker: Q1 ends on a whimper
As the first quarter of 2018 comes to a close action on the dry cargo secondhand market has reflected the…
Read More » -
Splash TV: Bullish bulk outlook
Is dry bulk at another false dawn or does the much maligned sector finally have some legs? That was the…
Read More » -
Nobu Su’s last ship arrested and set for auction
One of the last vestiges of the shipping empire built by Taiwanese tycoon Nobu Su has been put up for…
Read More » -
Apeejay Shipping confirms panamax acquisition
Apeejay Shipping, a shipping unit of India’s Apeejay Surrendra Group, has confirmed the acquisition of a secondhand 76,602 dwt panamax…
Read More » -
Diana Shipping renews capesize charter to SwissMarine
Greek owner Diana Shipping has fixed 2005-built capesize to SwissMarine on a new charter for a period of 20-22 months. The…
Read More » -
Grindrod plans shipping spin-off
Grindrod has announced plans to spin off its shipping division on the Nasdaq among a host of other changes on…
Read More » -
Beibu Gulf Shipping charters five newcastlemax newbuilds from CDB Leasing
Hong Kong-based Beibu Gulf Shipping, the shipping unit of Guangxi Beibu Gulf Port Group, has entered into a long term…
Read More »