Dry Cargo

Stellar Banner tilts further

March 23rd, 20200 The Brazilian Navy reported over the weekend that the very large ore carrier (VLOC), which has been stranded for almost a month off the coast of Maranhão, has suffered...

ADNOC quits handysize bulk trades

March 20th, 20201 United Arab Emirates-based Abu Dhabi National Oil and its 77-ship strong shipowning arm ADNOC Logistics & Services has made an unexpected move, quitting the...

Weekly Broker: S&P takes sick leave

March 19th, 20200 The S&P activities in all bulker, tanker and containership sectors have fallen this week as the impact of the coronavirus continues to weigh heavily on the shipping...

Indonesia revokes new cabotage rules

March 19th, 20200 Indonesia's government will revoke cabotage rules due to come into force in May, Reuters reports citing comments from the country’s coordinating minister for...

U-Ming Marine joins Baumarine pool

March 16th, 20200 The Baumarine pool, managed by Klaveness and Marubeni joint venture MaruKlav, has been joined by Taiwanese bulker owner U-Ming Marine. U-Ming is placing the...

Eastern Pacific readies ultramax exit

March 13th, 20200 Eastern Pacific Shipping is determined to exit the ultramax sector. Once again it is putting half of its ultra fleet in the shop window. The 2019-built Divinegate and...
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