Dry Cargo
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Star Bulk returns to Bariba for supramax pair
Having confirmed the acquisition earlier this week of Chinese-built supramax Privaegean from Bariba Corporation, Greek owner Star Bulk has returned…
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Songa Bulk spends $28.5m on 2010-built cape
Songa Bulk has bought a 2010-built capesize, adding to its fast growing fleet. Sources tell Splash the unnamed cape was…
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Seanergy fixes recently acquired capesize
Greek owner Seanergy Maritime Holdings has fixed recently delivered 2012-built capesize to a European utility and energy company on time…
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New Delhi mulls SCI stake sale
Shares of Shipping Corporation of India leapt today after a government think-tank suggested another 26% of the nation’s flag carrier…
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Erasmus Shipinvest bulker runs aground in US Gulf of Mexico
A panamax bulker has reportedly run aground in the US Gulf of Mexico offshore New Orleans. The 2004-built , owned…
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Wilson acquires bulker pair
Norwegian short sea operator Wilson has acquired two dry bulk vessels from German owner Lauterjung. Wilson has paid €3.5m ($3.92m) for…
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Noble founder Richard Elman sued by former CEO for $57m
Richard Elman (pictured), the founder of embattled Hong Kong commodities conglomerate Noble Group, is being sued by another of his…
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Busy Pavimar continues to grow fleet
Ismini Panayiotides-led Pavimar continues to stay busy, adding ships off the radar. One deal revealed to Splash involves the 76,600 dwt…
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K Line top brass fight for survival ahead of crunch shareholder vote
Senior management at Kawasaki Kisen Kaisha (K Line), Japan’s third largest line, have hit out at detractors planning a shareholder…
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Erasmus Shipinvest in for panamax
Erasmus Shipinvest, led by John Su, is in for its third ship purchase of the year. The oufit is said…
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Star Bulk acquires secondhand supramax bulker
Greek owner Star Bulk Carriers has acquired a six-year-old Chinese-built supramax bulker. The 56,582 dwt bulker, built at Jiangsu Hantong…
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Cape targets hove out of view again for Hunter Maritime
Hunter Maritime Acquisition Corp has ditched another bid for a bunch of capesizes. The bulker bargain vehicle created by the…
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Polaris postpones IPO again
Polaris Shipping has postponed plans for an IPO again. In the wake of severely negative press since its 1993-built ore…
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Diana Shipping ties up five vessels on time charter
Greek owner Diana Shipping has announced a time charter extension and four new time charters worth a total of around…
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China Steel Express set to order capesize duo at CSBC
Taiwanese owner China Steel Express is currently in talks with local yard CSBC for the construction of two 200,000 dwt…
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Vintage converted VLOCs still make economic sense: BIMCO
With an average age of 23.8 years, the fleet of very large ore carriers (VLOCs) converted from very large crude…
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AO Shipping: Oetker name continues to shine in Hamburg
The sale of Hamburg Süd to Maersk for $4bn does not mean the mighty Oetker family have rubbed their hands…
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Unsafe at any draft – Part three
The published accounts by the two survivors of the loss of the make very sobering reading. The speed with which…
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China opens iron ore and oil derivatives to foreigners
China is set to open its iron ore futures market, the world’s most liquid, to foreign investors for the first…
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JP Morgan adds its first kamsarmax
JP Morgan Global Maritime continues to make headlines in the secondhand market. This week broking sources tell Splash that the…
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