Dry Cargo
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USCG detains Greek bulk carrier for fire-safety flaws
Greek bulk carrier Rena (81,700 dwt, built 2010), owned and operated by Trojan Maritime, has been detained at the port…
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Court auctions Fu Lai Deng Shipping bulker to pay crew wages
Shanghai Maritime Court has sold a 28,789dwt bulker owned by Wenzhou-based Fu Lai Deng Shipping via auction in order to…
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Zhongchang Marine president resigns
Zhongchang Marine has announced that Chen Shengjie, president of the company has resigned for personal reasons, just one year after…
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Scorpio Services buys sixth tranche of Scorpio Bulkers shares
Scorpio Services Holding (SSH) has purchased 1,436,352 common shares in NYSE-listed Scorpio Bulkers, the sixth tranche of shares to be bought…
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Empresa Naviera Elcano orders two bulkers at Sinopacific
Spanish shipowner Empresa Naviera Elcano has ordered two 120,000dwt bulk carriers at China’s Sinopacific Shipbuilding. The vessels will be delivered…
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Wisdom takes Namura handies
Ordering counter cyclically Taiwan’s Wisdom Marine is back in Japan for a pair of 34,000 dwt bulkers at Namura Shipbuilding.…
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Nikko Kisen sells cape
Several broking sources report Kobe-headquartered bulker specialist Nikko Kisen has just offloaded its oldest cape, the nine-year-old 177,656 dwt, Shagang…
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CMES seals COA deal with Vale
China Merchants Energy Shipping (CMES) has signed a 20-year contract of affreightment (COA) with Brazilian mining giant Vale through its…
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Fortescue looks to upgrade Port Hedland
Fortescue Metals Group has applied to build a port facility at Port Hedland to move 10m tonnes a year of…
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Caravel Group: Second anniversary approaches
Hong Kong: This November will mark the second anniversary of the Caravel Group, the trading and maritime conglomerate set up…
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Shipping on alert as rumours swirl around Daiichi Chuo
Following hot on the heels of last week’s demise of Global Maritime Investments (GMI), shipping is braced for a potential…
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Jawhrt Berlin purchases its first vessel
The Kuwait-based gravel specialist Jawhrt Berlin has been in the market shopping for its first vessel, according to several informed…
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Torm sells its last two bulk carriers
Torm is no longer an owner of bulk carriers, after agreeing to sell two of its panamax bulkers to Greece’s…
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Nissen Kaiun in discussions to offload cape
Japan’s Nissen Kaiun is selling the 177,640 dwt Bulk India. The owner is in close negotiations with an unidentified Greek…
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Norden to exit larger bulker trades
Denmark’s Norden is looking to offload its larger bulker carriers and focus on handies and panamaxes. In an interview with…
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China will follow Korea and Japan hauling its own cargoes: Graham Porter
Shipping must prepare for a return to the 1970s and 1980s in terms of mentality, argued one of North America’s…
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Safe Bulkers sells and leases back four kamsarmaxes
Safe Bulkers has sold four of its kamsarmax vessels to an unnamed bank for a net price of $92.1m, and…
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Union dockers in Bay Area vote against coal at proposed commodity terminal
Bay Area dockworkers have voted against a proposal to ship coal through a planned new bulk commodity terminal, according to…
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Sea Traders buys eight bulkers in Lan Hai bank sale
Greece’s Sea Traders has spent over RMB 535m ($84m) on three kamsarmaxes and five supramaxes formerly owned by Guangdong Lanhai…
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Urea carrier catches fire in Indonesia
An ancient Indonesian bulk carrier caught fire yesterday morning, the latest accident involving fertilizer. The 1976-built, 11,196 dwt urea carrier…
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