Dry Cargo
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Polaris rocked by another safety fault
Just ahead of the first anniversary since the high profile sinking of its VLOC Stellar Daisy, South Korea’s Polaris Shipping…
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New York dry bulk investment fund launches
Yesterday saw the launch in New York of the first freight futures exchange-traded fund focusing exclusively on dry bulk shipping.…
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Noble Group hit by $260m lawsuit in Indonesia
Hong Kong-headquartered commodity trader Noble Group has announced that PT Atlas Resources, an Indonesian coal trader, has filed a lawsuit…
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Rongda adds Lomar supramax
Little known Chinese owner Rongda Shipping has reached out to European owner Lomar Shipping, grabbing a 15-year-old supramax bulker from the…
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Diana Shipping fixes capesize to SwissMarine
Greek dry bulk owner Diana Shipping has entered into a time charter contract with SwissMarine for 2015-built capesize . SwissMarine is…
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Richard Elman relinquishes his role at under fire Noble Group
One of the most famous names in the Asian commodities scene has finally stepped down. Richard Elman, the founder of…
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Weekly Broker: Bulker appetite cools
Owners’ passion for secondhand bulk carriers cooled down a bit with lower transaction volumes this week, while interest for feeder…
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Times Navigation linked to Chinese kamsarmax trio
Brokers are reporting the sale of three kamsarmaxes, owned by China’s Zhejiang Materials Industry (ZMI), sold en bloc at around the…
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Star Bulk and Eco Marine Power collaborate on renewable energy study
Greek dry bulk giant Star Bulk has signed a memorandum of understanding with Japan’s Eco Marine Power (EMP) to jointly…
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Mercator sells panamax bulker for scrap
India’s Mercator has announced the sale of 1997-built panamax bulker for $4.25m. The vessel was sold to Hong Kong entity…
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Zhuhai Port Shipping and Success Network form bulker joint venture
Zhuhai Port Shipping, the shipowning entity of Zhuhai Port, has announced a plan to form a shipping joint venture with…
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BRS boss questions role of the Baltic indices
Tim Jones, president of French shipbroking house Barry Rogliano Salles (BRS), has questioned the role of shipbrokers’ input into the…
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Asian Bulk Logistics: Betting on Indonesian coal
As Indonesian authorities continue to mull forcing exports of commodities such as coal and palm oil to be carried on…
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CSC Phoenix acquiring two bulkers
Chinese domestic bulk shipping operator CSC Phoenix has announced a plan to acquire two 50,000 dwt bulk carriers. CSC Phoenix…
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Deniz Nakliyati sells last vessel
Multiple sources tell Splash that Greek owner Polforce Shipping has taken the last ship belonging to Turkey’s Deniz Nakliyati. Nakliyati…
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Panama seals deal to push more dry cargo through canal
The Panama Canal Authority (ACP) has signed a Memorandum of Understanding (MOU) with a body representing farmers to help increase…
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Cargill has no interest in owning ships
Commodities giant Cargill is looking to exit its brief flirtation with shipowning. Great Wave Navigation, a joint venture between Cargill…
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Weekly Broker: Red-hot feeder boxship charter market spurs buying spree
The red-hot charter market for feeder boxships is seeing a number of box operators scramble to buy up tonnage as…
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Asian Bulk Logistics plans to develop global bulk shipping fleet
Asian Bulk Logistics, a Jakarta-based integrated logistics and transportation service provider for the mining and commodities industry, has launched a…
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Maritime CEO Forum: Dry bulk stars in alignment a cause for concern
The sense of optimism among the majority of speakers at yesterday’s high level Maritime CEO Forum dry bulk debate led…
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