Dry Cargo

Capesizes go into lay-up in Asia

March 19th, 20150 London: Brokers in Singapore estimate that “six or seven” capesize bulk carriers have gone into hot lay-up, according to reports. Brokers told Reuters they do not...

Strategy versus tactics

March 19th, 20152 Recently various approaches to deal with the prolonged downturn in the dry bulk sector of shipping are being tried. For example, pooling is being adopted by several...

U-Ming solid on cement prospects

March 18th, 20151 Taipei: Taiwan’s U-Ming Marine Transport is moving to rejuvenate its ageing cement carrier fleet. The dry bulk owner, owned by Douglas Hsu and listed in Taipei,...

AAL takes MTL vessel on charter

March 17th, 20150 Singapore: Breakbulk operator AAL has added to its fleet, taking on a 2009-built vessel on long-term charter. AAL has taken a 25,800 dwt vessel from Germany’s MTL, a...

Clipper prepares bulkers for ECAs

March 14th, 20150 Copenhagen: Owners are slowly abiding to new rules for emission control areas (ECAs) that entered into full effect on January 1. Clipper has decided to convert one...
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