Dry Cargo
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Toisa whacked by the taxman for $304.55m
Just as he thought he might be through the worst of his Chapter 11 purgatory the taxman in the US…
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Top Fuzhou owner exits bulker segment
The end appears near for Fuzhou-based bulker player Fujian Guanhai Shipping with sources telling Splash it has sold its last…
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Pittas nails tidy $6m profit from handymax flip
Aristides Pittas has proved once again an adept asset player, flipping a handymax for a tidy $6.1m profit. The Euroseas…
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New Qatari owner takes second ship with another one lined up
One of the world’s newest shipowners has acquired its second vessel. S’hail Shipping and Maritime Services from Qatar has taken…
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Diana Shipping gets charter contracts for three bulkers
Diana Shipping has announced new time charter contracts for two capesize vessels and a panamax. 2010-built capesize New York has…
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DryShips takes another kamsarmax
George Economou’s DryShips has picked up its second kamsarmax in a little over a week, confirming the acquisition of a…
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Chinese dry bulk operator Deqin to sell off entire fleet
Chinese domestic dry bulk shipping operator Deqin Group has released a notice to look for new investors to takeover and…
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DryShips pays off loan, prepares for further expansion
George Econonou’s DryShips is eying further expansion, clearing the way today by fully repaying its last commercial loan facility to…
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Vinalines to list this December
Vietnam National Shipping Lines (Vinalines) will push ahead with an initial public offering (IPO) in December, as part of efforts…
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Hunter Maritime taking five Oskar Wehr capes for $139.4m
Hunter Maritime Acquisition Corp, the acquisitive dry bulk bargain basement vehicle created by the Saverys family, has sealed a deal…
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Eastern Mediterranean acquires resale supramax
Greek owner Eastern Mediterranean Maritime has acquired a resale newbuild supramax bulker from Japan’s Marubeni Corporation. Broker reports show that…
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Families of missing Stellar Daisy seafarers appeal to Trump for help
Family members of the 22 missing seafarers from the ill fated very large ore carrier (VLOC) have not given up…
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George Economou tied to another United Ocean bulker
Greek magnate George Economou has been linked to a bank driven sale of a kamsarmax, handled by trustees of the…
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Austbulk stays active at the auction table
Broker registers that Splash has access to show that Malaysian bulk player Austship who was the highest bidder for a…
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USCG leads response to fatal explosion on bulker in mid-Atlantic
A bulk carrier en route from Baltimore, Maryland to Gibraltar on Monday suffered a storeroom explosion that left one person…
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Thoresen Thai sells general cargo ship for scrap
Thai owner Thoresen Thai has announced that it has sold its 15-year-old general cargo vessel to ship scrapping company Murali…
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G2 Ocean to officially start work on Labour Day
G2 Ocean, the joint venture of Gearbulk and Grieg Star, will start operating on May 1, seven months after the…
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Malaysian owner Austbulk moves into unexplored territory
Malaysian owner Austbulk has moved into unexplored territory. The family owned shipowner has splashed out $6.5m for the 75,000 dwt…
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Lavinia pays $12.5m for bargain panamax bulker
Korean owner Haeyoung Maritime Services have just done a deal, selling a six-year-old Penglai Zhongbai built bulker according to broking…
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Janchart Shipping expands fleet with handy bulker buy
Danish owner Janchart Shipping has acquired the 2009-built handy bulker from Japanese owner Orient Marine. According to broking sources, the…
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