Dry Cargo
-
Baltic Exchange changes bulk indices in line with sector’s supersizing
The Baltic Exchange will be implementing previously announced changes to its supramax index; launching dual reporting of a new panamax…
Read More » -
Lauritzen Bulkers searches for a new president
Following on from what parent group described as “not satisfactory” annual results last month, Peter Borup has left his position…
Read More » -
Cobelfret places rare Oshima bulker orders
Belgium’s Cobelfret continues its rapid fleet build up in 2017 with brokers reporting it has placed a rare bulker order…
Read More » -
Sinoriches admits cash flow problems
A big name in Chinese chartering has issued a note to clients trying to damp down rumours over its financial…
Read More » -
Celsius in hot pursuit of more bulker resales
One of the most aggressive bulk bargain hunters at Chinese yards has swooped again for a pair of ultramax resales.…
Read More » -
Eagle Bulk goes the whole nine on Greenship Bulk ultramax deal
New York-listed dry bulk owner Eagle Bulk Shipping says that its acquisition of three ultramax vessels from Greenship Bulk, part…
Read More » -
Economou beats the Saverys family for keenly contested newcastlemax quartet
As first reported by Splash last month, George Economou has admitted he has won his tit-for-tat battle with Belgium’s Saverys…
Read More » -
Dong-A Artemis sale sets very firm threshold for capes
Secondhand capesize prices are spiking fast. Clarkson Research reports South Korea’s Dong-A Tanker looks to have sold a 2012-built cape,…
Read More » -
Centrofin offloads older cape pair
Centrofin Management has sold a pair of older capesizes to another Greek owner. The CE-Duke and the CE-Alliance, both built…
Read More » -
Supramax S&P sector remains hot
The supramax S&P sector remains hot with a host of ships changing hands. Taiwan’s Ta-Tong Marine has sold the nine-year-old…
Read More » -
Songa Bulk snaps up kamsarmax pair
Arne Blystad’s Songa Bulk has acquired a pair of kamsarmax bulkers as it continues its rapid fleet build-up. The transactions…
Read More » -
German logistics company takes 40% stake in Arkon
German logistics giant Rhenus has swooped to take a 40% stake in compatriot Arkon Shipping, an owner with 119 ships…
Read More » -
Two Qingfeng Shipping bulkers sold at auction
Two bulk carriers of financially troubled Zhejiang Qinfeng Shipping have been sold by Ningbo Maritime Court via auction at the…
Read More » -
CSC Phoenix parent’s shares to be unfrozen
Chinese domestic dry bulk shipping firm CSC Phoenix has announced that its controlling shareholder, Tianjin Shunhang Shipping, has reached a…
Read More » -
Oldendorff converts bulker into transloader
German carrier Oldendorff has contracted Chinese yard CSSC Chengxi Shipyard to convert its 88,266dwt post panamax bulk carrier into a…
Read More » -
Essar pushes forward fleet rejuvenation scheme
Shipbrokers will be knocking at the doors of one of India’s top private lines following today’s board meeting at Essar…
Read More » -
11-year-old panamax bulker more than doubles in price since October
Illustrative of the soaring prices for bulk tonnage an 11-year-old panamax that was sold at auction last October in India…
Read More » -
Toisa gets cash collateral help
Toisa, a shipowning vehicle controlled by Greek magnate Gregory Callimanopulos, has received bankruptcy court approval for the use of cash…
Read More » -
Oriental Ocean sells off most of its fleet
Chinese owner Oriental Ocean Shipping Holding (OOSCO) has sold of a trio of modern Chinese-built post-panamax bulkers. Brokers tell Splash…
Read More » -
Dry bulk recovery at risk from new flood of investor money: Pareto
As part of BRS Group’s just released 120-page annual review Pareto Securities has warned dry bulk risks seeing a flood…
Read More »