Dry Cargo
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Ocean Yield moves into dry bulk with Louis Dreyfus handysize deal
Norway’s Ocean Yield has reached a deal to acquire a pair of 2018-built handysize bulkers, which will be chartered to…
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BIMCO names its top three performing bulk terminals
The three best performing dry bulk terminals in the world are Santander and Bilbao in Spain and Quebec in Canada,…
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Volatile as a Rottweiler
Chief correspondent Jason Jiang assesses shipping’s fortunes in the Year of the Dog. The Chinese Year of the Dog takes…
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Weekly Broker: Canine festivities dog ship sales
The S&P market in general was less active for the past week with the approaching Chinese New Year holidays. The…
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Axis Bulk Carriers finds short-term charter for newly acquired kamsarmax
Greek owner Axis Bulk Carriers has moved to find short period cover on its newly acquired 2012-built kamsarmax bulker. Axis…
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S&P positive for most shipping segments bar liners
S&P Global Ratings believes that this year demand in the three main segments of the global shipping industry – dry…
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Interocean pounces on another post-panamax
In the post-panamax sector, the German controlled 93,000 dwt sized has been sold for $17.2m to the Menendez family according…
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Sir Michael Bibby stepping down from family shipping line
Sir Michael Bibby is stepping down from his family firm, Bibby Line Group, with a global search now on to…
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W Marine orders kamsarmax at Taizhou Kouan Shipbuilding
Greek owner W Marine has placed an order at Taizhou Kouan Shipbuilding for the construction of a 82,000 dwt kamsarmax…
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Taconic Capital buys into Gestioni Armatoriali
Ravenna-based Gestioni Armatoriali has been forced to welcome Taconic Capital among its creditors, sources familiar with the matter confirmed to…
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Union Maritime adds to bulker fleet with order at Cosco
UK tanker specialist Union Maritime is growing its fleet of bulkers, placing an order for two plus one 63,000 dwt…
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Bottiglieris dismiss Zagari’s ‘misleading statements’
The battle for control of debt laden Italian line Giuseppe Bottiglieri Shipping Company (GBSC) is getting more heated. Despite a…
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DryShips to spin off its gas ships
DryShips has announced plans to spin off its gas carrier business to form Gas Ships, and has taken the initial…
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Battle for Giuseppe Bottiglieri heats up
The battle for control of Italian owner Giuseppe Bottiglieri Shipping Company is not over. Despite a court in Naples dismissing…
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Weekly Broker: Greeks step up to fill gap left by the Chinese
The Chinese have been the most aggressive buyers of bulkers so far this year with the holiday season fast approaching…
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Winning adds two more capes
A $50m capesize deal done by Chinese heavyweight Winning Shipping has come to light. Sources confirm to Splash that the Singapore-based capesize…
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Djakarta Lloyd finally seals a deal for a supramax
Three months on from Indonesia’s Djakarta Lloyd narrowly failed bid to make its first big ship purchase since skirting close…
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Khalid Hashim warns of extreme volatility for dry bulk in coming two years
Khalid Hashim, a veteran of the dry bulk industry, has warned that the sector faces extreme volatility this year and…
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Nova Marine Carriers confirms one deal, dismisses another
Lugano-based Nova Marine Carriers has confirmed a new entry in its shortsea dedicated fleet while dismissing reports linking it to…
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Giuseppe Bottiglieri rescue plan rejected
Giuseppe Bottiglieri can breathe a sigh of relief after a court in Naples rejected a rescue plan presented by Augustea and…
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