Dry Cargo
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Arklow adds four more
Ireland’s Arklow Shipping has placed an order at Ferus Smit Shipyard for four 16,500 dwt bulk carriers for delivery in…
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Temporary reprieve for Marenave Schiffahrts
Under pressure German owner Marenave Schiffahrts has received some solace. Having seen two banks reject its restructuring plan three weeks…
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USCG evacuates injured crewman from bulker off Pacific Northwest
A crewman with an injured right arm was medevacked from a bulk carrier off the Pacific Northwest by US Coast…
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A Thanksgiving for shipping
The shipping industry, whether for dry bulk, tankers, containerships or offshore, has ridden a monumental wave in 2016, a wave…
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SK Shipping continues fleet disposal
Unconfirmed brokers report that the active Korean seller SK Shipping has just offloaded the 55,600 dwt to Strategic Bulk Carriers,…
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Euroseas acquires bulk carrier
Drybulk and container shipping operator Euroseas has announced that it signed a memorandum of agreement to purchase the , a…
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Golden Ocean looks to delay newbuild payments
John Fredriksen’s bulker entity Golden Ocean is in talks with shipyards to delay newbuilding payments scheduled for this year having…
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Hamburg Bulk Carriers: Sulphur ruling coming in too fast
Captain Stefan Bülow finds himself in an awkward situation when meeting up with Maritime CEO towards the end of October…
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Hong Kong debate makes the case for geared eco ultramaxes
Where to spend $10m as a shipping investor? That was the question posed today to a diverse panel attending a…
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Scorpio charters out three bulkers
NYSE-listed Scorpio Bulkers announced it has signed agreements to charter out three vessels. Scorpio says the three it is chartering are: 2015-built ultramax…
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Shipowners are like ‘unsupervised children’
Shipowners are like “unsupervised children” who do not understand basic economics, a leading shipowner claimed to much mirth at today’s…
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China Navigation takes bulker trio
Broking sources say China Navigation is the buyer of a trio of 38,800 dwt handysize newbuildings. The ships were originally…
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Interunity continues adding handies from court sales
Greek-German outfit Interunity Management has picked up the 2009-built handysize bulker, , and has since renamed it Pioneer Spirit. The…
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Japanese cape attacked off the Philippines
A capesize bulk carrier, , was attacked by pirates or militants on November 20 in the Sulu Sea, near the…
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DryShips settles loan
Dry bulk shipowner DryShips has reached an agreement with one of its lenders to settle its outstanding loan obligations. Under…
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Transmed takes Nisshin kamsarmax trio
Nisshin Shipping’s rapid fleet pullback continues apace. Having put a trio of kamsarmaxes in the shop window a few weeks…
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Pola Maritime bulker refloated after grounding in North Carolina
A bulker owned by Pola Maritime that ran aground on Thursday afternoon near Fort Macon in North Carolina was successfully…
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Pillarstone eyes RBD Armatori
Naples-based RBD Armatori may be the second deal selected by Pillarstone in the Italian shipping market. The turnaround fund created…
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Hanjin court verdict delayed to February
Hanjin Shipping’s fate will now be decided in February rather than December as originally planned. The Korean line, which sought…
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Norden: Fleet rejig
At his latest quarterly results, Jan Rindbo, CEO of Denmark’s Norden, was honest, saying the $12m loss over the three-month…
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