Dry Cargo
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Qinfa Group pulls out of deal to sell shipping assets to Bo Hai Investment
Hong Kong-listed commodity trader China Qinfa Group has announced that it would terminate a deal to sell its China shipping…
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Five Star Beijing cape fetches $30m
An infamous Chinese owner has sold one of its two capesizes. The 181,500 dwt has fetched $30m in a sale…
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Courage Marine may cancel bulker sale to keep HK listing
Taiwanese owner Courage Marine may have to cancel a bulker sale to Universal Ship Investment in order to comply with…
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Law firms investigating potential securities fraud at DryShips
George Economou’s DryShips is the focus of an investigation by several US national securities law firms, who are looking into potential…
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Maritime CEO Forum: Sniff of an uptick in dry bulk draws operators back into the arena
A sniff of a return of a decent dry bulk market will likely see many operators return to the sector…
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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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