Dry Cargo
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Swiss Marine confirms Seno Kisen capesize deal
Genoa: Swiss Marine is set to add a 15-years old capesize from Japan’s Seno Kisen to its fleet of bulk carriers.…
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Pioneer Marine goes with V.Ships
Singapore: Pankaj Khanna led Pioneer Marine has appointed V.Ships for the technical management of its entire fleet. V.Ships said that…
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CSC Phoenix receives $8.9m scrap subsidy
Shanghai: CSC Phoenix, the domestic dry bulk shipping arm of state-owned Sinotrans & CSC Group, has announced that it has…
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Ningbo Marine chairman resigns
Shanghai: Ningbo Marine, the shipping subsidiary of Zhejiang Energy Group, has announced that the company’s chairman Chu Min has resigned…
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Wilson snaps up bulker pair from Vertom
Oslo: Norwegian short sea operator Wilson has acquired two 2,500 dwt bulk vessels from Dutch company Vertom. The two vessels,…
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Belships scores pair of charters for newbuilds
Oslo: Norwegian dry bulk specialist has announced charter deals for a pair of supramax dry bulk vessels set to deliver…
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Diana fixes panamax pair
Athens: Diana Shipping has announced a couple of charter deals. It has chartered out a panamax bulker to Cargill for…
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Rimorchiatori Riuniti in $19m kamsarmax buy
Genoa: Rimorchiatori Riuniti is back in the market to snatch opportunities. The Genoa-based shipping group, headed by the Gavarone and…
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RBD Armatori: Lack of finance stymies owner’s ability to seize opportunities
Naples: Opportunities often emerge for canny shipowners in times of crisis but with a lack of financial support it’s hard to…
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NewLead JMEG concedes liability in breach of contract litigation
Athens: After a long-running court case, NewLead JMEG has filed a stipulation of liability in the breach of contract court…
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Oldendorff takes two panamax bulk carriers
Athens: Germany’s Oldendorff Carriers has taken two panamax bulk carriers out on six- and seven-month timecharters, which have been fixed…
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Samsun Logix bankrupt again
Seoul: For the second time in six years Korean dry bulk owner Samsun Logix has applied for rehabilitation at a…
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No more bull from Noble: Michael Dee
Singapore: One of the Noble Group’s most trenchant critics, Michael Dee, has hit back at the commodities trader’s claims to…
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Fredriksen ups his stake in Golden Ocean
Oslo: Franklin Enterprises, a family trust belonging to John Fredriksen, yesterday came in for $6.2m of Golden Ocean’s $200m convertible…
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Clipper’s Gary Vogel appointed CEO of Eagle Bulk
New York: Less than a week after it was announced that Gary Vogel was stepping down from Clipper Group, Eagle…
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Romeo Group orders cement carrier at Ningbo Xinle
Genoa: Italian shipowners Giovanni and Vincenzo Romeo have just ordered a new 6,700 dwt cement carrier with delivery scheduled for 2017.…
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Noble reviews its accounting practices
Singapore: Bowing to investor pressure Singapore-listed commodities giant Noble Group has commissioned a third party review of its mark to…
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Rio Tinto blasted for bauxite ship crew conditions
Sydney: Rio Tinto has been dragged into an embarrassing shipping scandal in Australia with news that the crew on of…
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Diana bulker wins timecharter, two more extended at a discount
Athens: Three bulk carriers owned by Greece’s Diana Shipping have won timecharter employment that will generate at least $12.73m in gross revenue…
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Clipper sells ferry business to focus on dry cargo
Athens: Danish group Clipper has sold its 29.95% interest (4,243,277 shares) in ferry operator Mols-Linien to private equity group Polaris…
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