Dry Cargo
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Pan Ocean beats keen interest for Hanjin kamsarmax pair
The last remains of South Korea’s Hanjin Shipping bulker segment that have been under the wings of lead creditor Korean…
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CSC Phoenix stake sale delayed
Chinese domestic dry bulk shipping firm CSC Phoenix has announced that its controlling shareholder Tianjin Shunhang Shipping has signed a…
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Diana Shipping panamax charter extended by Nidera
Greek dry bulk owner Diana Shipping has extend the time charter contract to Italy’s Nidera for 2005-built panamax vessel for a…
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Three Hanjin capes sold
State-run Korea Development Bank (KDB) has sold three capesizes that were part of defunct Hanjin Shipping’s fleet. The sales were…
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Beibu Gulf Port to develop terminal with Thai coal trader
China’s Beibu Gulf Port Group, the major port operator in Guangxi province, has signed a strategic cooperation agreement with Thailand’s…
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Daiichi Chuo turns the corner, nails first operating profit since 2010
One of the most high profile bankruptcies in dry bulk in recent years looks to have turned the corner. Daiichi…
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Zhejiang Zengzhou Shipbuilding to build river-sea bulker
Zhejiang Zengzhou Shipbuilding has won a bid from Zhoushan government for the construction of a 22,000dwt river-sea bulk carrier. The…
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Fredriksen continues spending spree as Golden Ocean acquires Quintana Shipping fleet
John Fredriksen continues his appetite for acquisitions and consolidation with his dry bulk entity Golden Ocean Group agreeing an all-share…
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Navios Maritime Partners raising $100m for fleet growth
Navios Maritime Partners has agreed with investors to sell around 47.6 million common units in the master limited partnership for…
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Seanergy negotiates waivers from lenders to allow for vessel acquisitions
Greek dry bulk owner Seanergy Maritime Holdings Corp. has reached agreements with four of its senior lenders for the waiver…
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Doriko takes first panamax in a decade
The low profile Korean outfit Doriko, best known for its involvement in the larger handysize segment, has taken its first…
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No longer a Seaspan bear
Container shipowners have been through a very rough patch. Danaos has been under a microscope among listed shares. And Seaspan…
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SM Group picked to take over STX Corp
A Samra Midas Group-led consortium was picked today as the preferred bidder for STX Corp. SM Group, best known as…
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Two cargo ships collide near Nantong, two crew dead and four missing
Two Chinese general cargo ships, Chang Xun 17 and Jin Hang Hai 6, collided near the Nantong part of the…
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Pacific Basin buys first ship since 2015
After a week of intense competition and bidding for the United Prestige kamsarmax owned by troubled Japanese owners United Ocean…
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Shocking report shows plight of stranded Indian crew
An 18-page harrowing report from Human Rights at Sea highlights the plight of another stranded crew. The Indian men working…
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Vinalines signs service contracts with Vinacomin
The Vietnam National Shipping Lines (Vinalines) has signed a strategic co-operation agreement with Vietnam National Coal – Mineral Industries Holding…
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Rimorchiatori Riuniti takes Japanese kamsarmax
Rimorchiatori Riuniti is to bolster its presence in the dry bulk industry with the purchase of the kamsarmax bulk carrier…
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Bulker attacked off Nigeria
A bulk carrier controlled by Paris Dragnis’s Goldenport was attacked in the Gulf of Guinea yesterday morning. The was en…
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United Ocean kamsarmax sold to Alassia Newships Management
Reports tell Splash that the 81,900 dwt bulker , one of the most talked about bulkers ships in the sales…
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