Dry Cargo
-
Bulker detained in Iraq following deadly collision with local OSV
A bulk carrier has been detained off Basra in southern Iraq after it was involved in a deadly collision with…
Read More » -
Grindrod to spin off shipping business
South African shipping and logistics firm Grindrod is planning to spin off and list its shipping business. Grindrod has had…
Read More » -
DryShips crewmember sentenced to jail in China in landmark case
In a landmark case in China, Ningbo Maritime Court has sentenced a crewmember on a DryShips bulker to prison for…
Read More » -
Two general cargo ships collide near Fujian, three dead and six missing
General cargo ships Xin Dong Yuan and An Da Sheng collided near Pingtan, Fujian in China on Saturday. The incident…
Read More » -
Oldendorff bags Samjin handy resales
Oldendorff Carriers is making the most of bargain bulkers on offer at yards across China. Clarkson Research has linked the…
Read More » -
Fujian Anda Shipping orders bulker at Fujian Southeast Shipbuilding
China’s Fujian Anda Shipping has signed a shipbuilding contract with local shipyard Fujian Southeast Shipbuilding for the construction of a…
Read More » -
Cape rates hover around $20,000 a day
Capesize spot rates have stormed to the $20,000 a day level this week with analysts confident the rally can continue…
Read More » -
Ocean Longevity seals deal for panamax bulker
Hong Kong-based bulker owner Ocean Longevity is in the market, snapping up secondhand Japanese-built tonnage. Brokers tell Splash that the…
Read More » -
Shanghai Eqiao to acquire the entire fleet of Deqin Group
Bankrupt Chinese domestic dry bulk shipping company Deqin Group has reached a restructuring agreement with investment company Shanghai Eqiao Group.…
Read More » -
Transmed bulker refloated off Taiwan
Greek owner Transmed Shipping’s bulk carrier , which ran aground near Kaohsiung on Monday, has been refloated this morning. The…
Read More » -
Quintana fleet acquisition ‘timely’ claims Golden Ocean boss
The boss of Norwegian dry bulk group Golden Ocean has said the company’s move earlier this year to snap up…
Read More » -
Salvors try to cool burning ship off the Canary Islands
Salvors Resolve Marine have been called in to assist in controlling a fire onboard a Bibby Line bulker. Crew were…
Read More » -
Songa Bulk gears up for more acquisitions with $45m fundraiser
Arne Blystad’s Songa Bulk has raised $45m via a tap issue as part of its bond programme, money that it…
Read More » -
Port of Newcastle’s fee hikes curtailed
Commodities giant Glencore is celebrating a verdict from Australia’s Federal Court that will see the local competition watchdog regulate port…
Read More » -
Transmed bulker runs aground off Kaohsiung
Bulk carrier ran aground near Kaohsiung, Taiwan while it was transporting more than 80,000 tons of coal to Taiwan Power’s…
Read More » -
Shunzan Kaiun fixes panamax bulker to Hudson Shipping
Japanese owner Shunzan Kaiun has fixed a panamax bulker to US shipping firm Hudson Shipping Lines on time charter. According…
Read More » -
Crew evacuated from fire-ridden Bibby Line bulk carrier
Crew were evacuated yesterday off a fire-ridden bulk carrier carrying fertilizer off the Canary Islands. The fire was first reported…
Read More » -
Mercator looks to split dredging from core shipping business
Private Indian shipowner Mercator is looking at splitting its shipping and dredging businesses into separate entities. The company said the…
Read More » -
DryShips axes Kalani agreement as Economou steps in with $100m share purchase
Facing an avalanche of class action law suits, George Economou’s DryShips has announced the termination of its latest new share…
Read More » -
The rise and fall of Vale as a shipowner
The rise and fall of Vale as a shipowner stands as another cautionary tale in the long line of failed…
Read More »