Dry Cargo
-
Fednav bulker fined for speeding in whale zone
Fednav supramax bulk carrier has been hit with a $6,000 fine by Transport Canada after breaking speed limits in the…
Read More » -
A forgettable year is our best hope
By all accounts, 2017 was a forgettable year for shipping – which it may be the best characterisation the industry…
Read More » -
Themes that will dominate shipping in 2018
Splash asks top names across the industry for their predictions. Next year is unlikely to be dull for those in…
Read More » -
Star Bulk restarts debt principal repayments
Star Bulk has announced that it is planning to restart the payment of debt principal repayments from January 1, six…
Read More » -
CDB Financial Leasing orders five newcastlemax newbuilds
China Development Bank (CDB) Financial Leasing has announced that it has entered into shipbuilding contracts with two shipyards for the…
Read More » -
Freese Shipping bulker grounded in St Lawrence Seaway
The US Coast Guard (USCG) in conjunction with other agencies – American and Canadian – have responded to the grounding…
Read More » -
ICBC Leasing seals order for six VLOCs at Beihai Shipbuilding
China’s ICBC Leasing has officially signed the shipbuilding contracts with CSIC-affiliated Beihai Shipbuilding Industry yesterday for the construction for six…
Read More » -
DryShips seals loans worth $125m, offloads panamax for $8.5m
Greek shipowner DryShips has announced it has sealed two new credit facilities while also offloading one of its ageing dry…
Read More » -
Glencore extends Diana Shipping panamax charter
Greek owner Diana Shipping has announced that Glencore has extended its current time charter contract for 2010-built panamax vessel .…
Read More » -
GoodBulk to exercise six capesize options
Greek dry bulk owner Goodbulk has announced its intention to exercise options to acquire an additional six capesize vessels for…
Read More » -
Algoma seals deal to buy four lakers from American Steamship Company
Canadian Great Lakes operator Algoma Central Corporation on Thursday said it has an agreement to buy four lakers from New…
Read More » -
Diana lands new capesize charter and panamax extensions
Dry bulk owner Diana Shipping has won a new charter contract for one of its capesizes, while also extending charters…
Read More » -
Weekly Broker: Christmas rush for supramax bargains
The past week has seen continued firm interest in the secondhand bulker market with considerable transaction volumes especially for supramaxes…
Read More » -
2020 Bulkers declares options on newcastlemax pair
Tor Olav Trøim’s 2020 Bulkers has declared options at China’s New Times Shipyard for a pair of newcastlemax dry bulk…
Read More » -
Foremost Group adds newcastlemax pair at Waigaoqiao
New York-based bulker owner Foremost Group has signed shipbuilding contracts with CSSC-affiliated Shanghai Waigaoqiao Shipbuilding for the construction of two…
Read More » -
NovaAlgoma Short-Sea Carriers adds a mini-bulker
Lugano-based NovaAlgoma Short-Sea Carriers announced the purchase of a mini bulker from Norwegian Owners Oslobulk. The vessel previously operating as…
Read More » -
Norden CEO explains importance of global expansion
Jan Rindbo, writing in Norden’s latest in-house magazine, has discussed how the Danish line has expanded overseas a great deal…
Read More » -
Greeks account for one in four secondhand ships bought in 2017
Wily Greek owners have made the most of the changing cycle this year, accounting for almost one in four secondhand…
Read More » -
Hong Kong owners rush for more Japanese hulls
This week broker reports have been filled with Japanese built handies going to unidentified Hong Kong owners, and only one…
Read More » -
Cosco Shipping takes option for third pulp carrier at Cosco Dalian
Cosco Shipping Specialized Carriers has announced that the company has decided to execute the option to construct one more 62,000…
Read More »