Dry Cargo
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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…
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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…
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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…
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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…
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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…
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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…
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Algoma continues property sell-off to fund acquisitions
Canadian owner Algoma Central Corporation continues to sell off property assets to fund its fleet renewal plan. The company has…
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Vale sells VLOC pair to Bank of Communications Finance Leasing
Brazilian miner Vale has sold two 400,000 dwt very large ore carriers (VLOCs) to nominees of China’s Bank of Communications…
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Oldendorff Carriers picks up ultramax from Mitsubishi
Sources tell Splash that the German giant Oldendorff Carriers has just added an ultramax. The company knows the ship well…
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Trading houses return to shipowning
2017 is likely to be viewed in hindsight as the year major trading houses returned to shipowning. A recent report…
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Theresa May urged to help in the search for missing Stellar Daisy crew
Theresa May, the British prime minister, is being urged to help out in the ongoing search for the missing 22…
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Court to auction Hong Xiang Shipping vessel
Shanghai Maritime Court will auction off defunct Xiamen Hongxiang Shipping’s general cargo vessel Hong Xiang 59 via online platform Taobao…
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Songa Bulk acquires panamax from Mitsubishi
Arne Blystad’s Songa Bulk has continued to expand its bulker fleet, with the company taking the 2010-built panamax bulker from…
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Goodbulk snaps up Japanese capesize
Monaco-based owner Goodbulk has taken the 2005-built capesize bulker from Japan’s Fukujin Kisen for $19m. GoodBulk is a new company…
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Diana Shipping fixes post-panamax to Cargill at improved rate
Greek dry bulk owner Diana Shipping has entered into a new time charter contract with Cargill International for five-year-old post-panamax…
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Singapore authorities warn Noble could face legal action
The Singapore Exchange (SGX) has responded to yesterday’s outburst from Iceberg Research, a Hong Kong outfit, which claimed the bourse…
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Ivy Shipping debuts with acquisition of supramax quartet
Paris Kassidokostas-Latsis and two investors have established a new dry bulk venture, Ivy Shipping, which has kicked off business with…
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Augustea offloads elderly panamax bulker
The 2002-built panamax bulk carrier is being sold by Italy’s Augustea Group to Chinese investors according to several broker reports.…
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Diana Shipping capesize charter extended
Diana Shipping has announced that Germany’s RWE Supply & Trading has extended the time charter contract for 2014-built capesize vessels…
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SGX regulators lashed for ‘spectacular failure’ surrounding the rise and fall of Noble Group
Iceberg Research, the organisation that triggered the downfall of Asian commodities giant Noble Group, has issued its first report in…
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