Dry Cargo
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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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AM Nomikos pays $12.35m for United Ocean kamsarmax
AM Nomikos Transworld Maritime Agencies has sealed its reputation as a deft buyer of distressed bulker assets. The Greek outfit…
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Seacor tables bid for bankrupt International Shipholding
Seacor Capital Corp has made a bid for bankrupt fellow American firm International Shipholding. International Shipholding, which sought bankruptcy protection…
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Holy scrap!
When one wants to express strong astonishment, ‘Holy mackerel!’ is a nautical expression that does the trick well. We heard…
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DryShips offloads five panamaxes
Greek owner DryShips has announced it has sold five of its panamax vessels for $29.4m in total. The company sold…
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NYK offloads ore carrier
Nippon Yusen Kaisha (NYK) has offloaded a 12-year-old ore carrier to Samos Steamship. Samos is paying in the high $12ms…
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Prices for Japanese panamax bulkers continue to improve
A ten-year-old Sasebo-built panamax bulker has been bought by Zihni Shipping for a price Clarksons Research lists in the high…
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Chellaram revealed as buyer of Klaveness kamsarmax
Chellaram Shipping, which has been busy paring back its dry bulk interests for most of this year, is still sniffing…
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Blystad readies $100m bulker binge
Arne Blystad is taking his dry bulk ambitions to the next level with an over the counter offer on the…
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Great Eastern takes second cape
Brokers tell Splash India’s Great Eastern has snapped up the seven-year-old 179,000 dwt . The ship has not been on…
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Genco Shipping share sale raises $38.6m
Genco Shipping & Trading has entered into an agreement with certain investors for the purchase of Series A convertible preferred…
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Klaveness offloads last kamsarmax
Norwegian owner Klaveness has sold kamsarmax vessel to “Asian interests”, it announced today. The vessel was the last of a…
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Transmed linked to Japanese bulker
Transmed Shipping is being tipped by brokers as the buyer of the Kambara Kisen-owned , a nine-year-old post-panamax bulk carrier. Transmed…
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Zosco declared bankrupt
Zhejiang Ocean Shipping (Zosco), a major state-run dry bulk shipping company in Zhejiang, has been declared bankrupt by Hangzhou Intermediate…
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