Dry Cargo
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Co-CEOs of up-for-sale Polaris Shipping under investigation
Efforts to sell Polaris Shipping, a Korean operator of large bulk carriers, have been dealt a severe blow this week…
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Geneva Dry Dialogues: Lauritzen Bulkers
In the first of a series engaging with key names coming to next year’s big dry bulk summit in Switzerland,…
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Chinese real estate takes another turn for the worse
The risks of contagion are growing in the cancerous Chinese real estate sector, a key part of the world’s second-largest…
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ADS Maritime picks up $1m worth of shares in Golden Ocean
Oslo-listed ADS Maritime has become a shareholder in John Fredriksen-controlled bulker owner Golden Ocean. The Terje Bodin Larsen-led shipping investment…
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OceanPal makes chemical tanker play
Greek bulker owner OceanPal is entering the chemical tanker segment with an investment in Norwegian entity, RFSea Infrastructure II, which…
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Modern ultramaxes in demand
August has been an active month for brokers with close connections to cash-rich accounts. A handful of modern ships have…
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South Korea takes the next step forward in autonomous shipping
The shipping industry has taken another important step towards the era of unmanned ships with the delivery of an LNG-powered…
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Wild weather and export bans have global rice trades at boiling point
The global rice trades are in severe flux with floods wiping out crops in northern China and top exporters instituting…
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Second stranded ship sails from Odesa
On Sunday, a second merchant ship, carrying steel products to Africa, safely reached Romanian waters after leaving the Ukrainian port…
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The Panama Canal: Setting the record straight
From his office overlooking the Pacific entrance of the Panama Canal, Michael Kaasner Kristiansen, president of shipping consultancy CK Americas,…
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Panama Canal Authority warns restrictions will stay in place for at least 10 months
Global shipping bodies have been urged to come together to share transit plans at one of the world’s key maritime…
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250 days to go: Geneva Dry by numbers
Tomorrow marks 250 days to go until the inaugural Geneva Dry, the global dry bulk summit linking every rung in…
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Lauritzen Bulkers adds three handies
Lauritzen Bulkers has added to its fleet, taking full ownership of three ships. The Copenhagen-based handysize player announced the delivery…
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Australia hands one-year ban to bulk carrier for ‘appalling’ treatment of seafarers
The Australian Maritime Safety Authority (AMSA) has banned the Liberian-flagged bulk carrier from Australian waters for one year, after finding…
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Globus Maritime seals $75.5m order for two more bulkers
Greek bulker owner Globus Maritime has signed two contracts for the construction and purchase of two bulk carriers of about…
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Panama Canal Authority sets the record straight on congestion figures
The Panama Canal Authority (ACP) has moved to highlight the real congestion numbers at both ends of the waterway amid…
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Cido bolsters bulker fleet with a dozen-strong order in China
Cido Shipping is back to building bulkers with a massive order for 12 ships spread between two shipyards in China.…
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Maran Dry lets go of elderly cape
Maran Dry Management, a unit of Greek owner Angelicoussis Shipping Group, has offloaded its eighteen-year-old capesize bulker. Brokers are reporting…
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OSM Thome wins shipmanagement deal for six ammonia-fuelled newbuilds
Norway-based OSM Thome has signed a letter of intent (LOI) with compatriot Pherousa Green Shipping for the management of a…
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Three shipowners take on new absolute zero emissions challenge
Three shipowners have accepted to take up the absolute zero emissions challenge posed by the Zero Emissions Ship Technology Association…
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