Dry Cargo
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Cargill partners with four NGOs to boost accountability across shipping
Cargill, one of the world’s largest dry bulk shippers, is partnering with four NGOs to advance sustainability initiatives and increase…
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Diana panamax charter extended
Greek dry bulk owner Diana Shipping has agreed an extension with Hong Kong’s BG Shipping for the time charter of…
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Wilson heads back to Wuxue Janda for bulker pair
Norwegian short sea operator Wilson has ordered a pair of 2,600 dwt bulkers at Chinese shipyard Wuxue Janda Shipbuilding. Wilson is paying…
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Arne Blystad: Songa Container fleet now in double figures
The year 2017 marked a new high for the S&P sector in shipping with smart money betting on a rebound…
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Anglo International Shipping grows fleet with baby cape pair
UK-based Anglo International Shipping has acquired two mini capes, the 2011-built Baroque and 2010-built Bel Air, for an en bloc…
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Sabrina Chao taps Pareto’s David Palmer as new Wah Kwong CEO
Sabrina Chao has finally found a replacement CEO 18 months after Tim Huxley quit the post at Wah Kwong, one…
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Noble kamsarmax quartet sale falls through
Hong Kong commodity trader Noble Group says the sale of four kamsarmax bulk carriers announced last November has fallen through.…
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Baltic’s plans to ditch handysizes from the BDI move ahead
Despite opposition in some quarters, the Baltic Exchange has moved ahead with plans to take handysize earnings out the Baltic…
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Court to auction unfinished bulker at Shenghua Shipbuilding
Wuhan Maritime Court will hold an auction for an unfinished 79,600 dwt bulk carrier JSH413 at bankrupt Jiangsu Shenghua Shipbuilding…
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Weekly Broker: Feeder boxship bargains roar back into contention
In the past week, dry bulk sales continue to dominate S&P activity, with buyers interest still focusing on the panamax…
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GoodBulk makes $5m in under a year on cape sale
Monaco owner GoodBulk has agreed a deal to sell its 2003-built capesize to Greek buyers for $15m. The Aquabeauty…
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Foremost Group adds four newcastlemaxes at Waigaoqiao
New-York based bulker owner Foremost Group has signed shipbuilding contracts with CSSC-affiliated Waigaoqiao Shipbuilding for the construction of four 210,000…
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U-Ming secures its largest ever freight deal
U-Ming Marine Transport has signed a landmark 25-year contract of affreightment (COA) with Brazilian miner Vale. The COA is the…
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Noble Group denies it is enriching management at expense of shareholders
The board of directors of embattled Noble Group has responded to criticism from shareholder Goldilocks Investment Company which has suggested…
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Rand Logistics files for chapter 11
Rand Logistics, which moves commodities across the Great Lakes, has sought chapter 11 bankruptcy protection at a court in Delaware.…
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SK Shipping orders VLOC pair at DSIC
South Korean shipowner SK Shipping has placed an order at CSIC-affiliated Dalian Shipbuilding Industry (DSIC) for the construction of two…
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General cargo sinks near Wenzhou, nine missing
General cargo vessel Jian Hong No.1 capsized and sank near Wenzhou, China on Monday while the Mongolian-flagged vessel was carrying…
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Noble reaches deal with creditors
Commodities firm Noble Group has come to an agreement with creditors to restructure $3.5bn of its debt in exchange for…
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M/Maritime reveals new bulker orders
Fast growing owner M/Maritime has taken delivery of an ultramax bulker from Shin Kurushima Toyohashi Shipbuilding and taken the opportunity…
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Deputy sheriff dies after bulker fall
A deputy sheriff in South Africa died after he fell off supramax bulk carrier on Saturday. According to local reports,…
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