Dry Cargo
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Taiwan Navigation orders ultramax pair at Oshima Shipbuilding
Taiwanese dry bulk owner Taiwan Navigation has placed a new order at Japanese yard Oshima Shipbuilding for the construction of…
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A supramax out and capesize in at Songa Bulk
Songa Bulk has announced the sale of its 2009-built supramax bulker , booking a $2m profit in the process. Brokers have…
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Pillarstone to present new RBD Armatori rescue plan
A third attempt at a restructuring plan under the ‘concordato preventivo’ procedure of Italian law will be presented next month…
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Songa Bulk readies for more ships
Songa Bulk said today it is contemplating a tap issue with a target amount of $18m from a senior secured…
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Bulker and tanker collide near Antwerp
Bulk carrier Usolie and tanker Seatrout collided yesterday on Western Scheldt off Bath, Netherlands while departing Antwerp yesterday. The two…
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Songa Bulk acquires Japanese-built kamsarmax
Arne Blystad’s Songa Bulk has announce the acquisition of a 2012-built kamsarmax bulker to bring its fleet up to 15…
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20 valemaxes ordered at Chinese and South Korean yards
Brazilian iron ore miner Vale has started a new round of shipping capacity expansion via COA deals with South Korean…
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Campbell exiting supramax sector
Campbell Shipping is close to sealing a deal for the sale of a pair of Chinese supramaxes, brokers tell Splash.…
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Diana Shipping fixes panamax at higher rate
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Korea’s Unico Logistics for panamax dry…
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IMO warns on shipping bauxite
Another warning on the dangers of shipping notoriously unstable bauxite has been issued by the International Maritime Organization (IMO). Bauxite…
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Yonghang Shipping captain and crew charged with cargo theft
A district court in Qingdao has prosecuted 19 crew from Zhejiang Yonghang Shipping for stealing cargo from the company’s 13,700…
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Apeejay Shipping takes panamax
India’s Apeejay Shipping has taken an ageing panamax bulker to bring its fleet size to seven ships, a mix of…
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Pacific Basin: On the hunt for supramaxes
Pacific Basin, the largest shipowner in Hong Kong by fleet number, is keen to add more supramaxes. In an exclusive…
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Daelim Corporation bulker banned from Australian ports
The Australian Maritime Safety Authority (AMSA) has banned the 81,000dwt bulk carrier , owned by South Korea’s Daelim Corporation, from…
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Polaris sends vintage converted ore carrier for scrapping
South Korea’s Polaris Shipping has taken advantage of the current very strong demo rates to scrap one of its controversial…
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Asia Maritime Pacific: Dry bulk consolidation needed amid ‘short, weak’ recovery
The dry bulk sector should consolidate more amid what is set to be only a weak recovery at best, a…
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Unisea continues aggressive bulker buildup
Low key Greek outfit Unisea Shipping has been busy dipping into the dry bulk market. Broking sources say the line…
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Symphony ups the tempo with asset play
Little known Bangladeshi company Symphony has doubled its money in just over a year in its first asset play. Broking…
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JP Morgan takes another two capes on subjects
In what Clarkson Research is describing as a “headline deal” JP Morgan has take on two modern sister capes subjects…
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Bust shipowners do a runner with auctioned off bulker
A bulker owner in China did a runner on Friday – with his ship – in a move that saw…
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