Dry Cargo
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SK Shipping offloads supramax
SK Shipping of South Korea has sold a Dolphin 57 design bulker to Strategic Bulk Carriers, part of M.T. Maritime…
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Venezuela halts petroleum coke exports after burning cargo detected
Exports of petroleum coke from Venezuela’s state-owned Petro San Felix terminal were halted because of burning cargo detected on a…
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Wisdom Marine orders bulker duo at Imabari Shipbuilding
Taiwanese dry bulk shipping company Wisdom Marine has signed shipbuilding contracts with Japan’s Imabari Shipbuilding yesterday for the construction of…
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Hanjin readies further layoffs as liquidation rumours grow
Hanjin Shipping has handed 560 crew redundancy notices effective December 10 with the remaining 2,000 crew linked to the Korean…
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Zhongchang Marine disposes of shipping assets
Shanghai-listed Zhongchang Marine has announced the sale of its 55% equity in its dredging unit Zhongchang Dredging Engineering and 100%…
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IMC sells kamsarmax for $12.8m
The Tsao family controlled IMC has offloaded a 2012-built kamsarmax, according to broking sources. Greek owner Kassian Maritime Navigation is…
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Top management quits Ningbo Marine
Chinese dry bulk shipping company Ningbo Marine has announced that Chen Dongming, president of the company and Fang Peng, vice…
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Marenave Schiffahrts edges closer to financial oblivion
Marenave Schiffahrts is a step away from financial oblivion with the board revealing two creditors have vetoed the Hamburg-based owner’s…
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Shipping growth outlook ‘uncertain’: UNCTAD
The United Nations Conference on Trade and Development (UNCTAD) annual report on shipping warns that future growth looks uncertain. Seaborne…
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Navibulgar takes another four handies
Bulgarian handy specialist Navibulgar continues adding Chinese-built ships sources tell Splash. This week, unconfirmed broker reports suggest one of Europe’s…
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Eagle Bulk snaps up newbuild ultramax
US shipowner Eagle Bulk Shipping has acquired a 2016-built 61,000dwt ultramax vessel under construction at Nantong COSCO Kawasaki Heavy Industries…
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Wisdom Marine handymax contract cancelled
Taiwanese owner Wisdom Marine has announced that it has reached an agreement with Japanese charterers to cancel a time charter…
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Carisbrooke and Nova Marine consolidate shipmanagement in Lugano
Following the joint venture set up last June, Carisbrooke Shipping and Nova Marine Carriers have just announced as from January…
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Oldendorff takes new handymax from Globeco
Oldendorff Carriers goes on with its dry bulk shopping campaign adding a newly built handymax bulk carrier built by the…
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Augustea sheds bulkers
Italy’s Augustea is shedding dry bulk tonnage. The company controlled by the Zagari family has sold two bulk carriers: the…
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China’s oresome 2016
China has confounded many analysts this year by taking in far more iron ore than predicted. Jason Jiang ponders what…
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Chowgule Steamship sells young handy
Mumbai-listed bulker specialist Chowgule Steamship has fetched around $16m for its youngest ship, a 34,900 dwt bulker, named , sources…
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Diana Shipping cancels bulker at Dayang Shipbuilding
Greek owner Diana Shipping has cancelled a shipbuilding contract with Yangzhou Dayang Shipbuilding and Shanghai Sinopacific International Trade with respect…
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Balthellas Chartering takes $10.7m kamsarmax
Low key Balthellas Chartering has made a move into the secondhand market. Sources say the Greek venture has picked up…
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Seoul rallies to push HMM up the rankings with massive buying blitz
The South Korean government will do all it can to push Hyundai Merchant Marine (HMM) up the container rankings –…
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