Dry Cargo
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Lightering begins on grounded Roger Blough in Lake Superior
Lightering operations began on Friday on the grounded freighter Roger Blough, which ran aground on Gros Cap Reef in Whitefish…
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Noble Group’s Elman to retire
Concluding another tricky week for Hong Kong commodities trader Noble Group, its founder and chairman, Richard Elman has announced his…
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Lithuanian Shipping Company goes into liquidation
Klaipeda County Court decided to declare the company declared Lithuanian Shipping Company bankrupt on May 30 and the company has…
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Safe Bulkers back on an even keel
Safe Bulkers has regained compliance with the minimum share price required to maintain its listing on the New York Stock Exchange…
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D’Amico Dry to offload another elderly panamax
Italian shipping company d’Amico Dry has started its strategy of dismissing aged dry bulk tonnage while taking delivery of newbuildings.…
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Fenwick sells its oldest ship
Hong Kong owner Fenwick Shipping has offloaded its oldest ship. The low profile outfit sold the 16,900 dwt , built…
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Jinhui offloads another supramax
Hong Kong- and Oslo-listed Jinhui Shipping has sold another ship. Fresh from offloading a supramax earlier this year, the company,…
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Efforts continue to refloat cargo ship grounded in Lake Superior
The self-unloading cargo ship remained grounded in Lake Superior on Tuesday, four days since it ran aground on Gros Cap…
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Kistefos aims to raise $20m in Western Bulk Chartering share sale
Kistefos hopes to raise up to $20m in additional equity in Western Bulk Chartering (also known as Kistefos Equity Operations) during…
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K Line panamax fixed on timecharter
K Line’s panamax bulk carrier (78,259 dwt, built 2013) has been reported fixed on a 10- to 16-month timecharter to…
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Safe Bulkers amends ING Bank loan
Safe Bulkers has changed the terms of its existing $32m revolving credit facility with ING Bank, which has been secured…
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‘We need to demolish an enormous number of ships’: Philippe Louis-Dreyfus
The dry bulk market could become profitable again in 2019 – but only if a series of extremely tough and…
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Jinhui Shipping holds restructuring talks with lenders
Hong Kong- and Oslo-listed dry bulk operator Jinhui Shipping and Transport has given a remarkably frank assessment of the markets…
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China Merchants joins ICBC Leasing on VLOC project
China Merchants Energy Shipping (CMES) has announced that its fully owned subsidiary China VLOC Investment has signed an agreement with…
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200 Shipping Corp of India seafarers enter third day of hunger strike
Around 200 seafarers have entered their third day of a hunger strike, demonstrating against state-run Shipping Corporation of India’s (SCI)…
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HMM says charter negotiations will reach ‘swift agreement soon’
Hyundai Merchant Marine (HMM) has just announced that its charter negotiations with foreign shipowners are “expected to reach an agreement…
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Hanjin Shipping bulker resumes sailing
Hanjin Shipping issues a release on Sunday to communicate that its bulker, has resumed its sailing on May 27. The…
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Noble appoints co-CEOs as Yusuf Alireza departs
Noble Group has appointed co-CEOs to take over the reigns of the company from Yusuf Alireza, who has resigned after…
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Self-unloader runs aground in Lake Superior
A self-unloading freighter carrying a load of iron ore pellets ran aground in eastern Lake Superior on Friday afternoon. The…
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NewLead acquires Kritsas fleet, vessels arrested and sold at auction
NewLead Holdings has revealed it took over Greece’s Kritsas Shipping in March, but one of the owner’s former vessels has…
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