Dry Cargo
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Founders of Yahoo! and PayPal invest in new bulk broking tool
Silicon Valley has come in with an initial $2.5m to support Shipamax, a new bulk broking tool. Shipamax’s founders say…
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SwissMarine offloads baby cape
Dry cargo mammoth SwissMarine has sold a modern unit, fetching $45m for a ship it paid $50m for when ordered…
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Primerose Shipping orders two bulkers at CSSC Chengxi Shipyard
China’s CSSC Chengxi Shipyard has signed shipbuilding contracts with an unnamed European owner for the construction of two 81,000dwt bulk…
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Grain exports set to hit record high: USDA
The US Department of Agriculture’s most recent World Agriculture Supply and Demand Estimates monthly report paints a very hopeful picture…
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Keith Denholm: Returning home with bulker bargains in mind
Keith Denholm looks set to return home to the UK after many years abroad, seeking new opportunities having left US-based…
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Unsafe at any draft – Part two
On March 31, in fine weather, with everything onboard as routine as could be, the Stellar Daisy began to list,…
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‘Death ship’ findings delayed
The Australian coronial findings into suspected murders onboard the so-called “death ship” have been delayed. An inquest had investigated the…
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Grand China Logistics cape fleet up for sale
Brokers expect a string Jinhai Heavy built capes for sister firm Grand China Logistics will be sold in the weeks…
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Thoresen Shipping acquires secondhand supramax bulker
Thoresen Thai Agencies has announced that subsidiary Thoresen Shipping Singapore has acquired secondhand dry bulk vessel from an undisclosed seller…
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Wells Fargo report highlights weak corporate governance at DryShips
George Economou’s widely criticised series of stock manoeuvres at DryShips has earned him bottom spot on an annual poll of…
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Secondhand ship prices fall to lowest level since 2000
Five-year-old ship prices are back to the same level of spring 2000, according to the latest market overview recently presented…
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Pacific Basin adds another Japanese handy
Hong Kong-listed handy specialist Pacific Basin continues to show trust in the market. Last month Pacific Basin took its fleet…
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Diana Shipping picks up new charters at improved rates
Greek dry bulk owner Diana Shipping has entered into two time charter agreements worth over $8m. Diana has fixed 2007-built…
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Polaris reaches compensation agreement with bereaved families as Stellar Daisy search ends
South Korea’s Polaris Shipping has fixed a compensation agreement with the families of most of the missing crew from the…
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Dry bulk sector has to absorb capacity surge as ships speed up
Slow steaming in the dry bulk is coming to an end, adding an alarming surge of capacity to a still…
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EGPN Bulk Carrier: Chinese line eyes capes
In late March a low profile mainland Chinese owner based in Hong Kong broke its cover taking a pair of…
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Greeks dominate ship orders this year
The Greeks have led the charge to order new ships this year, according to analysis out today from online pricing…
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Taiwan Navigation orders bulker duo at Oshima Shipbuilding
Taiwan Navigation has announced that it has ordered two 62,000dwt ultramax bulk carriers at Japan’s Oshima Shipbuilding. The price for…
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More dry bulk disruption coming from digitisation
The Singapore Exchange (SGX) has sent a note to clients on key takeaways from last month’s Singapore Iron Ore Week…
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Genco eyes M&As
Genco Shipping & Trading has come out on the warpath for more bulker tonnage. Despite losing $15.6m in the first…
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