Dry Cargo
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Xiamen ITG Group bags kamsarmax pair
The shipowning arm of state-owned and Shanghai-listed Xiamen ITG Group has snapped up two modern kamsarmaxes, broker sources tell Splash.…
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Mauritius PM concedes grounded bulk carrier will break up
Salvors have managed to halt the worst of the spill from the grounded bulk carrier off the south coast of…
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Norden adds two more ultramaxes at NACKS
Denmark’s Norden has added two more ultramaxes to its series under construction at Nantong Cosco KHI Ship Engineering (NACKS) taking…
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Stricken bulk carrier lying on reef off Mauritius at risk of splitting in two
Locals have spent the past days fabricating their own oil booms made out straw, clothing, plastic bottles and dried sugar…
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Goldenport snaps up Eastern Pacific ultramax
Greek owner Goldenport Shipmanagement has taken over the 2014-built ultramax from Singapore owner Eastern Pacific Shipping. Shipbroking houses including Advanced…
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Diana Shipping fixes panamax to Ausca
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Ausca Shipping in Hong Kong for 2005-built…
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Mauritius faces up to its worst environmental crisis as oil slick snakes around the south of the island
An environmental crisis is playing out in the Indian Ocean where a grounded Panamanian-flagged newcastlemax is spewing bunker fuel onto…
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Crews down tools Down Under
Cases of crews downing tools around the world in protest at the enforced stay onboard during the coronavirus pandemic are…
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EuroDry seeks to delay loan repayments as charter rates sink 32%
Greek dry bulk owner EuroDry is in talks with its lenders to defer a number of loan repayments as the…
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Eagle Bulk confirms supramax sale
US dry bulk owner operator Eagle bulk has confirmed the sale of 2002-built supramax for $5m. Various brokers reported the…
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Shagang Shipping wins long-running court case against HNA
A marathon court case regarding a ship charter dispute between Chinese companies Shagang Shipping and HNA Group has finally come…
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Bulk carrier sitting on reef off Mauritius starts to leak bunker fuel
The 203,000 dwt bulk carrier, which ran aground on a reef just off the southeast coastline of Mauritius on July…
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Star Bulk Carriers completes 16-vessel series of sale and leaseback deals
Greek dry bulk vessel operator Star Bulk Carrier has completed a slew of sale and leasebacks with Chinese and Japanese…
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Weekly Broker: Strengthening dry bulk scene attracts buyers
It has been a strong week for the bulker S&P market with ample completed transactions as the dry bulk chartering…
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K Line to slash fleet to stem red ink
Kawasaki Kisen Kaisha (K Line) is taking drastic action as it fights to contain red ink stemming from the effects…
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Louis Dreyfus sells handymax
French shipping and chartering powerhouse Louis Dreyfus has completed a rare ship sale, selling a three-year-old handymax, the 43,400 dwt…
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Details emerge of how a disgruntled armed guard took control of an Eagle Bulk supramax for three days
On Friday NASDAQ-listed Eagle Bulk released brief details of a remarkable hostage situation onboard one of its supramaxes, which saw…
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Pillarstone and DeA Capital take control of Perseveranza fleet
The debt restructuring of Naples-based Perseveranza di Navigazione has come to an end. The procedure was related to non-performing loans…
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Misuga Kaiun fined for cover up of oily water discharge
Japanese shipping company Misuga Kaiun was fined by a federal court in the US for activities violating the Act to…
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Miyazaki Sangyo Kaiun sells newcastlemax to Seacon
Japan’s Miyazaki Sangyo Kaiun has let go of one third of its cape arm, pocketing $14.9 m on the sale…
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