Dry Cargo
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Search and rescue fails to find man overboard off Fraser Island
Sydney: Chances of finding a man overboard off Australia’s Fraser Island are fading this afternoon as search and rescue teams…
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CSC Phoenix applies to resume stock trading
Shanghai: CSC Phoenix, the domestic dry bulk shipping unit of state-run integrated logistics provider Sinotrans & CSC Group, has announced…
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Western Bulk closes panamax business unit
London: Western Bulk’s panamax chartering unit has closed with immediate effect, sources at the company have confirmed to Splash. The company says…
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Cosco disposes of 14 vessels
Shanghai: Chinese shipping giant Cosco has announced that it has sold 13 bulkers and one containership with a total capacity…
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Greeks lead ship scrapping this week, including three capesizes
London: A trio of capesize bulk carriers are among the vessels sold by Greek shipping companies for demolition on the Indian subcontinent…
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Chinese seafarer kills two colleagues
Manila: In a horrific attack, a Chinese seafarer killed two of his colleagues with a knife, and injured another crewmember…
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Mercator’s Singapore dry bulk division admits financial difficulties
Singapore: The dry bulk subsidiary of one of India’s best known names in shipping has admitted it is in serious…
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Another law firm takes aim at Georgiopoulos
New York: The number of lawyers making hay from a controversial shipping merger continues to rise. Tripp Levy becomes the…
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Angelicoussis buys three capesizes from Scorpio Bulkers
London: Scorpio Bulkers has resold its newbuilding contracts for three capesize vessels for $44m apiece to Angelicoussis-led Anangel Maritime, shipbrokers…
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Three law firms investigating Genco’s Baltic Trading acquisition
London: Two more law firms have announced they are investigating concerns over whether Baltic Trading’s board of directors is breaching…
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Goldentree increases Eagle Bulk shareholding by 9%
New York: Eagle Bulk’s major shareholder Goldentree Asset Management has snapped up an additional 500,000 shares in the company, adding…
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D’Amico Group: Cousins take the cover of latest Maritime CEO magazine
Rome: Today sees the launch of the latest issue of Maritime CEO magazine. On the cover are the cousins who…
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Lawyers challenge Genco’s Baltic acquisition
New York: Law firm Brodsky & Smith is investigating potential claims against the board of directors of Baltic Trading for…
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Elias Tsakos passes away
London: Elias Tsakos, founder of Piraeus-based Entrust Maritime, has passed away after a short period of ill health. His funeral…
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Chartworld buys two capesizes for less than $20m
London: Chartworld Shipping is confirmed to have been the buyer of two capesize bulk carriers from NYK Line for $9.5m…
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Diana Shipping timecharter extension shows improvement in panamax market
London: Glencore Grain (Rotterdam) has extended its contract on its fifth Diana Shipping panamax bulk carrier in the space of…
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Genco confirms merger with Baltic Trading to create dry bulk giant
London: Genco Shipping & Trading has signed a definitive merger agreement to take over its subsidiary Baltic Trading, which will…
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Glencore takes Diana Shipping panamax on timecharter
London: Glencore Grain (Rotterdam) has fixed a panamax bulker owned by Greece’s Diana Shipping on an 11- to 14-month timecharter.…
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Zhongchang Marine involved in insider trading, senior official fined
Shanghai: Shanghai-listed Zhongchang Marine has been found guilty of insider trading activity in a restructuring deal in 2014 and a…
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Bulk carrier runs aground in Delaware River
New York: A 600-foot bulker ran aground on the Delaware River near Burlington City, New Jersey, on Wednesday. The Meadway Shipping &…
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