Dry Cargo
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Capes pass $30,000 mark, hitting four-year highs
Capesize freight rates crashed through the $30,000 mark yesterday, hitting highs not seen for four years. Brokers pointed to the…
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FrontMarine orders eight ultramaxes at New Times
Cyprus’s FrontMarine is in for eight 63,000 dwt bulkers at New Times Shipbuilding with brokers Allied reporting a cheap price…
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Panamax acquisition takes Apeejay fleet past the 5m dwt mark
India’s Apeejay Shipping has bought its second panamax bulker of the year, taking a 13-year old, Japanese-built 76,602 dwt ship…
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Will 2018 bring better freight rates?
Will the markets be kinder to shipowners in 2018 than this year? That forms the central thesis of the latest…
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Bariba’s exit from shipping falls through
Greek owner Bariba Corp has yet to exit shipping, sources tell Splash. One month after Eastern Mediterranean made headlines for…
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The coming impact of electric vehicles on bulk shipping
Like Bitcoin, electric vehicles (EVs) are topics du jour and fascinating subjects. EVs, though, I find more interesting in that…
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Essar details shopping list
Essar Shipping has detailed its shopping list with liquid bulk to the fore. The private Indian owner’s CEO Ranjit Singh,…
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Wilson offloads ageing bulker involved in Kiel Canal accident
Norway’s Wilson has announced the sale of 1980-built bulk carrier for $830k, with the vessel set to be scrapped. The…
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Former Hanjin Shipping boss jailed for insider trading
Choi Eun-young, 55, the former chairwoman of now-defunt Hanjin Shipping was handed an 18-month jail sentence by a court in…
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Venice Shipping & Logistics: Equity index launches
How much does investing in shipping yield today? It depends on the ship you choose as a target, on the…
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Ugland Shipping picks up two ultramax resales
Norway’s Ugland Shipping has announced the signing of two resale contracts for ultramaxes to add to its orderbook. The first…
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Diana Shipping fixes capesize to EGPN Bulk Carrier
Diana Shipping has entered into a time charter contract with Hong Kong-based Chinese owner EGPN Bulk Carrier for the 2007-built…
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Caravel’s Banga on the consequences of Beijing’s heavy industry crackdown: Splash TV
China’s crackdown on polluting heavy industries this winter needs to be watched by dry bulk owners in the coming months,…
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Weekly Broker: Oldendorff setting records
If, as anticipated, 2017 does turn out as a unparalleled year in the ship S&P markets, then the records will…
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Thorco Projects brings in ten handysizes for new dry bulk division
Danish multi-purpose vessel specialist Thorco Projects has established a new division, Thorco Projects Dry Cargo, to move into the handysize…
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Fitch negative on shipping’s 2018 prospects
Fitch Ratings’ sector outlook for global shipping remains negative as the ratings agency does not expect a material improvement in…
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The case against bulker newbuilds: Splash TV
Watch some of Hong Kong’s top dry bulk owners make the case against newbuilds in the latest episode of Splash…
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Zhuhai Port raises $224m to build huge bulker fleet
Zhuhai Port, a major seaport in the Pearl River Delta next to Macau, has announced a plan to issue around…
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MOL shows off revolutionary gas-powered coal carrier
Mitsui OSK Lines (MOL) along with fellow Japanese companies Tohoku Electric Power and Namura Shipbuilding have jointly earned an Approval…
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Fujian Guohang orders up to eight bulkers at Wuchuan Heavy Industry
Chinese bulker operator Fujian Guohang Ocean Shipping has placed an order at CSIC-affiliated Qingdao Wuchuan Heavy Industry for the construction…
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