Dry Cargo
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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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Zosco puts four capesize bulkers up for sale
Chinese state-run shipping company Zhejiang Ocean Shipping (Zosco) has put four capsize bulkers for sale according to London-based shipbroker Galbraiths.…
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BW Dry Cargo takes another supramax
Fast developing BW Dry Cargo has paid $12m for another supramax. Founded by BW Group this April, BW Dry Cargo…
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NewLead’s Zolotas quits
Facing a barrage of court cases NewLead Holdings boss Michail Zolotas has resigned from his role as chairman, president and…
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SR Shipping in for another Japanese supramax
We are in week 43 of the year and yet again Bangladesh’s SR Shipping is linked to another supramax and…
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Hanjin seeks to close Europe operations
Embattled Hanjin Shipping’s move to try and forge a future as an intra-Asia operator moves ahead with news the Korean…
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$27bn: IMF estimates bill Korean taxpayers are paying to save local maritime industries
Irate Korean taxpayers reacted with shock Sunday as the full enormity of Seoul’s bailout of the nation’s beleaguered shipping and…
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Pacific Basin negotiates lower charter rates by offering new shares
Pacific Basin is handing out new shares to ten owners in return for getting lower charter rates on ships it…
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Owners turn to Chinese bulker tonnage
With values increasing for Japanese and Korean built supramaxes, European-based buyers have begun to shift their focus onto Chinese built…
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Great Eastern Shipping acquires secondhand supramax
India’s Great Eastern Shipping has signed a contract to acquire a 58,000 dwt supramax bulker. The 2009-built vessel is expected…
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Thoresen scraps elderly handy
Thoresen Shipping Singapore (TSS) has sold 22-year-old handy bulk carrier for scrap, notching up a price of $2.72m. The sale…
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Gearbulk and Grieg Star ‘cornering the market’ with new JV
Gearbulk and Grieg Star are trying to “corner the market” in the open hatch/gantry sector, analysts at online ship pricing…
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Bashundhara continues fleet buildup
Weekly broking reports have been filled this year with Bangladeshi companies picking up vintage Japanese built tonnage. This week is…
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Wenzhou Shipping goes into liquidation
Wenzhou Shipping, a subsidiary of state run Zhejiang Shipping Group, has been declared bankruptcy at Wenzhou Intermediate People’s Court. The…
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