Dry Cargo
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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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Diana Shipping capesize extended by Rio Tinto at double the rate
Greek bulker owner Diana Shipping has extended a time charter with Rio Tinto Shipping for 2006-built capesize vessel . The…
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Polaris orders VLOC trio at Hyundai Heavy
Polaris Shipping has ordered three very large ore carriers at compatriot South Korean yard Hyundai Heavy Industries (HHI) as it…
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BHP Billiton pushes for autonomous ships in the coming decade
Australian miners are pushing freight transport in an autonomous direction. With driverless trucks already in operation and autonomous trains set…
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Peter Döhle inks $200m financing deal with ICBC Financial Leasing
German owner Peter Döhle has signed a major financing deal with China’s ICBC Financial Leasing for its newbuildings at Chinese…
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Pacific Basin adds third ship this year
A few weeks after picking up a handy from troubled United Ocean the , 31,000 dwt Global Peace, Hong Kong…
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Kambara Kisen sells post panamax bulker to U-Ming
Kambara Kisen continues its large fleet sell off. It has found a buyer for the eight-year-old post-panamax bulker , with…
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‘Dry bulk freight market is on the verge of a transition similar to the one seen in bulk commodities’: BHP
The dry bulk freight market is on the cusp of greater price transparency, argues one of the key movers and…
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Swire Bulk taps Western Bulk’s Aarvold to take over from Andy Kidd
Swire Bulk has tapped Western Bulk’s Rob Aarvold to take over from Andy Kidd as general manager of the Singapore-based…
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Are ships set for shorter lifespans?
Chief correspondent Jason Jiang discusses how prevailing market sentiment are changing scrap options for owners. The continued pressures in the…
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Polaris Shipping takes capesize from TRF Ship Management
South Korean owner Polaris Shipping has acquired a 209,000dwt capesize bulker from Oslo-based TRF Ship Management. According to broking sources,…
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Chinese coal majors Shenhua and Guodian in merger talks
Two major Chinese state-run coal suppliers, China Shenhua Group and China Guodian Corporation, have both suspended stock trading today giving…
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Tomini Shipping orders ultramax trio at China Shipping Industry
Dubai bulker operator Tomini Shipping has placed an order at China Shipping Industry Jiangsu for the construction of three 64,000dwt…
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Belships adds another ultramax at Imabari Shipbuilding
Norway’s Belships has added another 63,000 dwt ultramax to its newbuilding programme at Japan’s Imabari Shipbuilding. Belships says it has…
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