Dry Cargo
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Angelicoussis buys three capesizes from Scorpio Bulkers
London: Scorpio Bulkers has resold its newbuilding contracts for three capesize vessels for $44m apiece to Angelicoussis-led Anangel Maritime, shipbrokers…
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Three law firms investigating Genco’s Baltic Trading acquisition
London: Two more law firms have announced they are investigating concerns over whether Baltic Trading’s board of directors is breaching…
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Goldentree increases Eagle Bulk shareholding by 9%
New York: Eagle Bulk’s major shareholder Goldentree Asset Management has snapped up an additional 500,000 shares in the company, adding…
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D’Amico Group: Cousins take the cover of latest Maritime CEO magazine
Rome: Today sees the launch of the latest issue of Maritime CEO magazine. On the cover are the cousins who…
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Lawyers challenge Genco’s Baltic acquisition
New York: Law firm Brodsky & Smith is investigating potential claims against the board of directors of Baltic Trading for…
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Elias Tsakos passes away
London: Elias Tsakos, founder of Piraeus-based Entrust Maritime, has passed away after a short period of ill health. His funeral…
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Chartworld buys two capesizes for less than $20m
London: Chartworld Shipping is confirmed to have been the buyer of two capesize bulk carriers from NYK Line for $9.5m…
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Diana Shipping timecharter extension shows improvement in panamax market
London: Glencore Grain (Rotterdam) has extended its contract on its fifth Diana Shipping panamax bulk carrier in the space of…
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Genco confirms merger with Baltic Trading to create dry bulk giant
London: Genco Shipping & Trading has signed a definitive merger agreement to take over its subsidiary Baltic Trading, which will…
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Glencore takes Diana Shipping panamax on timecharter
London: Glencore Grain (Rotterdam) has fixed a panamax bulker owned by Greece’s Diana Shipping on an 11- to 14-month timecharter.…
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Zhongchang Marine involved in insider trading, senior official fined
Shanghai: Shanghai-listed Zhongchang Marine has been found guilty of insider trading activity in a restructuring deal in 2014 and a…
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Bulk carrier runs aground in Delaware River
New York: A 600-foot bulker ran aground on the Delaware River near Burlington City, New Jersey, on Wednesday. The Meadway Shipping &…
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New German heavylift operator
Hamburg: Germany has a new heavylift player. Former SAL highflyer Lars Rolner has founded United Heavy Lift in Hamburg. Rolner,…
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Baosteel executive investigated for corruption
Shanghai: China’s largest ever anti-corruption sweep in government agencies and state run companies has been intensified lately. The Central Commission…
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Golden Ocean Group’s shares jump around on Oslo debut
Oslo: John Frredriksen’s latest stock gamble had quite a bumpy ride on making its Oslo debut today. Bermuda-domiciled Knightsbridge Shipping…
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Diana Shipping gets ABN AMRO Bank loan to refinance vessels
London: NYSE-listed Diana Shipping has signed a term loan facility with ABN AMRO Bank, through which Diana has drawn down $50.16m…
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Rand Logistics announces $170m debt refinancing
San Francisco: Rand Logistics, which provides bulk freight shipping services for commodities in the Great Lakes region of the US…
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Atlantica linked with panamax swoop
Oslo: Oslo-based Atlantica Shipping is nearly doubling the size of its panamax bulker fleet with the purchase of two older…
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HBC Hamburg Bulk Carriers handed management of 11 ships
Hamburg: The owner-operator HBC Hamburg Bulk Carriers has expanded its operations by adding a further 11 bulk carriers originating from…
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Hellenic Carriers sells old handymax bulk carrier
London: London-listed Hellenic Carriers has sold a 20-year-old handymax bulk carrier to an unnamed buyer for $3.8m. Market sources say Greek…
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