Dry Cargo
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Court to auction off two Tongcheng Shipping deck cargo carriers
Guangzhou Maritime Court has listed two 5,800 dwt deck cargo carriers, owned by Guangdong Tongcheng Shipping, for sale through an…
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Weekly Broker: Tanker enquiries dry up
The downward correction seen in the larger size bulker chartering market this past week has not affected buyer’s enthusiasm to…
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Buyers of Eastern Pacific tonnage emerge
Buyers of several low key Eastern Pacific Shipping (EPS) deals are slowly emerging. EPS has sold one vintage tanker and two bulkers…
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Dajin Heavy and Yangzijiang Shipbuilding partner up on Aston bulker order
Chinese shipbuilding and ship design firm Shanghai Bestway Marine Engineering Design has announced that its subsidiary yard Dajin Heavy Industry…
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Erasmus linked to Japanese handy bulker
Allied Shipbroking has named Erasmus Shipinvest as the buyer of 2015-built 34,500 dwt handy bulker , sold by Mitsubishi Corporation’s…
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Fleet clear-out at Doriko
Packaged en bloc sales of bulk carriers are dominating headlines this summer as several shipowners clear out their older vessels,…
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Second time lucky for BW as kamsarmax trio notch improved prices
Sometimes in the rollercoaster ride that is shipping a failed deal can prove beneficial. Take BW Dry Cargo, the Andreas…
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Shanghai Changjiang Shipping orders MPP vessel at Damen Yichang
Shanghai Changjiang Shipping, a shipping subsidiary of China Merchants Group, has placed an order at Damen Yichang Shipyard for the…
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New Dayang Shipbuilding secures orders for four bulkers
China’s New Dayang Shipbuilding has secured newbuilding orders from two domestic owners for the construction of four bulk carriers in…
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Surging demand sees new lay-up destinations emerge
With demand for lay-up services growing, traditional parking lots for unused ships are becoming congested forcing shipowners to seek alternative…
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Weekly Broker: Firming bulker prices
The secondhand bulker sale and purchase market has continued to see prices firm despite a correction seen on the cape…
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Castor Maritime raises more cash for ships
Nasdaq-listed Greek dry bulk owner Castor Maritime looks set for an exciting ship acquisition spree after raising $17.3m via a…
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Agricore buys its first post-panamax
Hong Kong and Qingdao-based Agricore shipping is showing its financial muscle, sealing its second purchase in a very short time. …
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Iron ore barge in canal prang
The Presque Isle, an integrated Great Lakes barge vessel, collided with the north pier of Duluth ship canal on Monday.…
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Fujian Shipping Company sets up shipmanagement unit
Chinese state-run Fujian Shipping Company (Fusco) has announced the establishment of dedicated shipmanagement unit Zhongping Shipmanagement. Fusco said the setup…
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Franbo Lines grows fleet with Fairwind MPP charter
Taiwanese bulk shipping operator Franbo Lines has announced that the company has chartered in the 2015-built multipurpose vessel . The…
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Ships today are travelling 17.4% slower than before Lehman Brothers collapsed
Cargoes are taking ever longer to reach their destinations in the continued fallout shipping has felt from the global financial…
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Precious Shipping and Sainty Marine settle newbuild contract dispute
Thai bulk carrier owner Precious Shipping has entered into a settlement agreement with Jiangsu Guoxin Investment Group, the parent of…
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Jinhui adds to supramax fleet with Alloceans deal
Chinese dry bulk owner Jinhui Shipping and Transportation has added to its fleet with the acquisition of 2001-built supramax bulker…
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Centrofin bags sought after cape
Greek shipping outfit Centrofin has made its first bulker move since 2016. Broker sources say the 28-ship strong outfit has emerged…
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