Dry Cargo
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Saverys’ Hunter Maritime pounces for Chinese newcastlemaxes
The Saverys family’s new bulker bargain basement buying vehicle is being linked a quartet of newcastlemaxes. Brokers are suggesting Hunter…
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Dryships shares hammered by investors after reverse stock split
George Economou’s Dryships shares dropped over 33% in trading on the Nasdaq on Monday after an 8 to 1 reverse…
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Oaktree and Senator bolster Star Bulk holdings
Leading private equity names are investing more in Nasdaq-listed Greek owner Star Bulk Carriers. Oaktree Capital Management and Senator Investor…
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Pittas adds financial ‘firepower’ to grow Euroseas fleet
Nasdaq-listed Greek owner has announced a drawdown notice under a $10.86m loan to finance the recent acquisition of , a…
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Diana Shipping seals two more charters
Greek dry bulk owner Diana Shipping has announced a two new time charter contracts for for its vessels. Geneva-based SwissMarine…
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Giuseppe Bottiglieri’s tanker fleet up for sale
Following the news on Friday that Naples-based Giuseppe Bottiglieri Shipping Company had filed for bankruptcy protection under Italian law, the…
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Oldendorff makes $3m profit in four months from ship sale
Oldendorff has made a tidy $3m profit over some swift dry bulk asset play providing yet another example of the…
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Greece’s Omicron in for a d’Amico panamax
Omicron Ship Management’s fleet is ready to grow up to six units. The Kallithea-based shipping firm emerged as buyer of…
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Star bags a Daiichi bulker
Star Bulk has pounced for a bulker belonging to Daiichi Chuo, the Japanese bulker firm that sought court protection 16 months…
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Thalkat adds Japanese supramax
Hiroshima-based Hisafu Kisen has sold the 11-year-old supramax for a price in the high $8ms to Thalkat Shipping of Greece.…
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Songa Bulk grabs kamsarmax for $13.1m
The last of three ex-Efploia Shipping kamsarmax vessels has just been sold at auction in South Korea, according to Clarksons…
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Giuseppe Bottiglieri Shipping Company seeks bankruptcy protection
Another Italian company will undergo an in-depth restructuring process. “Giuseppe Bottiglieri Shipping company filed for bankruptcy protection under the Italian…
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Trading Fabrizia not sold, not for sale and still arrested in Jamaica
Greece’s Thalkat Shipping did not buy the 2011-built , contrary to what has been reported by several brokers and media.…
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DryShips shares in free fall after reverse stock split announced
George Economou’s DryShips announced an 8 for 1 reverse stock split yesterday which sent the share price tumbling over 36% to just…
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Diana seals time charters for pair of capesizes
Diana Shipping has entered into two separate time charter agreements for capsize vessels Santa Barbara and Salt Lake City. 2015-built…
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Zhongjiang Ocean Shipping takes seized bulker in Taobao auction
Shanghai Maritime Court has sold a seized bulk carrier to Hong Kong owner Zhongjiang Ocean Shipping via an auction on…
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Grainy days
Researchers from Affinity provide an overview of the impact of flooding in the heartland of Argentinian soybean production. It has…
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China Navigation adds another handy
China Navigation, which has been very active scouring the markets of late, has come in for the , a 2016-built…
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Winning Shipping takes cape pair
Proof that dry bulk is on an up tick can be seen in recent secondhand deals. South Korea’s Dong-A Tanker…
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Dry bulk mini-boom over: MSI
Splash readers have dry bulk pegged as the most improved sector in 2017, the second best performer, just pipped by…
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