Dry Cargo
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Pan-United sells off shipping business
Singapore’s Pan-United Corporation, Singapore’s largest supplier of ready mixed concrete and cement, has entered into a sale and purchase agreement…
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Winning continues cape crusade
Chinese owner Winning Shipping is not resting on its laurels and continues to show itself as the leading buyer of…
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United Ocean bulker sold at Tokyo auction
Supramax bulker sold at action in Tokyo last week, after making the headlines for attracting interest from owners across the…
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Hanjin Shipping could have survived with creditor support: Cho
Hanjin Group chairman Cho Yang-Ho said today that Hanjin Shipping could have survived had creditors provided the company with aid,…
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Hajioannou takes on Safe Bulkers newbuilds
Greek drybulk specialist Safe Bulkers has done a deal with entities owned by chairman and CEO Polys Hajioannou to novate…
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Scorpio Bulkers gets newbuilding discount, delays deliveries
Scorpio Bulkers has negotiated a $13m discount on the combined contract price for six China-built newbuildings, which will each be…
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Jinhui Shipping continues bulker sell-off
Chinese bulker owner Jinhui Shipping and Transportation has announced the sale of 75,583 dwt panamax bulker for $10.6m. The 2009-built…
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Diana Shipping newcastlemax pair delayed
Greek dry bulk specialist Diana Shipping has said that it has agreed some amendments to shipbuilding contracts which delays the…
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Korea Line get charter for MR tankers, orders bulker pair
Korea Line said today that it has signed a seven-year charter contract with an owner in Asia for two MR…
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Hanjin mulls mass layoffs in intra-Asia ploy
Hanjin Shipping is increasingly having to plan ahead for a future as just an intra-Asia operator. South Korea’s largest shipping…
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BW Dry Cargo takes another Japanese kamsarmax
Fast developing BW Dry Cargo has snapped up another Japanese kamsarmax. The Singapore firm, founded in April this year, has…
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Fundraising for Ship Finance International
Ship Finance International will offer $200m worth of convertible senior notes due 2021. The notes will pay interest quarterly in…
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Seanergy confirms acquisition of capesize pair
Greece’s Seanergy Maritime Holdings has confirmed the purchase of two secondhand 180,000dwt capesizes for a price of $20.75m each. Earlier…
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FreeSeas offloads handysize vessel
Greek owner FreeSeas has sold 1998-built handysize bulker to unrelated third parties for a price of $1.925m. The vessel’s mortgage…
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Hanjin Shipping could still be sold, court says
The court in Seoul overseeing Hanjin Shipping’s receivership has said a sale of the company is one of a number…
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CSC Phoenix restructuring falls through
CSC Phoenix has announced that the board of the company has terminated its restructuring with Tianjin Ganghai Constructuion, a dredging…
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Crane bursts into flames while unloading coal from bulker at Brazilian port
A ship-to-shore crane burst into flames while being used to unload a cargo of coal at the Port of Itaqui…
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ESL Shipping in for ice-class LNG-fuelled bulkers
ESL Shipping has tapped Sinotrans & CSC Shipbuilding Industry Corporation’s Jinling Shipyard to build two LNG-fuelled bulk carriers. “The two…
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Wisdom Marine issues new shares for fleet expansion
Taiwanese owner Wisdom Marine has announced that the board has approved a resolution to issue new shares with total value…
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Ningbo Marine aborts restructuring
Ningbo Marine has announced that a company restructuring plan has been rejected by China Securities Regulatory Commission (CSRC) and it…
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