Dry Cargo
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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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Transocean Maritime orders kamsarmax pair at Jinling shipyard
Monaco-based Transocean Maritime Agencies has emerged as the buyer of two kamsarmax bulk carriers ordered at China’s Jinling Shipyard Jiangsu. Transocean…
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MOL wins India coal deal
Japan’s Mitsui OSK Lines has signed a coal transport contract with Thermal Powertech Corporation Thermal Powertech, owned by Sembcorp Industries…
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K Line boss sweats on his job prospects
In just over three weeks Eizo Murakami, the boss of one of the world’s largest shipping lines, will learn of…
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Asia accounts for 60% of seaborne trade and still growing: Stopford
Asia now accounts for a dominant 60% of seaborne trade, and has plenty of potential to grow, according to statistics…
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Posco keen to order LNG-fuelled cape
Korean steel mill Posco is in talks with local shipping lines and shipbuilders to construct an LNG-fuelled capesize. The 180,000…
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NS United to order another Japanese valemax
Japanese bulker giant NS United has signed a 25-year contract of affreightment with Nippon Steel & Sumitomo Metal and committed…
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Pioneer Marine and Pankaj Khanna part ways
Singapore dry bulk handysize specialist Pioneer Marine has announced that CEO Pankaj Khanna is leaving the company. Khanna founded Pioneer…
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Coroner confirms foul play onboard the ‘death ship’
A Sydney coroner has finally delivered a verdict on the so-called ‘death ship’. Three men died in mysterious circumstances on…
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Platano Eesti orders bulker pair at Shanghai Shipyard
Estonian owner Platano Eesti has placed an order at CSSC-affiliated Shanghai Shipyard for the construction of two 108,000dwt mini-capesize bulkers,…
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Shipping in need of an urgent ‘global detox’: Nor-Shipping
Shipping is in urgent need of a “global detox” delgates attending the opening session of Nor-Shipping in Oslo were told…
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Global maritime stakeholders’ forum to be created tomorrow
Representatives of major stakeholders in the maritime supply chain will meet on Wednesday to create a global maritime stakeholders’ forum,…
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Norway’s top owners are busier than ever
The retirement age in Norway is 62. No one seems to have informed John Fredriksen or Arne Blystad. John Fredriksen,…
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Songa Bulk readies for more
Arne Blystad’s aggressive charge for bulker bargains continues. Songa Bulk, which he created last year with Herman Billung at the…
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