Dry Cargo
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Two of Lithuanian Shipping Co’s bulkers sold at auction
Bankrupt Lithuanian Shipping Company (LSC) has sold two more bulk carriers at auction, which has raised $1.0m more than the vessels’…
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Yangfan hit by further d’Amico cancellations
A few days after the news that d’Amico Group refused to take delivery of the first supramax bulk carrier built…
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Greenship Bulk in default, seeks debt payment restructuring
Greenship Bulk, which trades over-the-counter in Oslo, has admitted it is in default of debt payments and is holding discussions…
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Precious Shipping amends Sanfu newbuild contracts
Precious Shipping has announced that it has executed four settlement agreements and one amending agreement with Chinese yard Taizhou Sanfu…
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Guodian and Zhonghai Huarun to cooperate on coal shipping
Tianjin-based Zhonghai Huarun Shipping has signed a stragetic agreement with Guodian Shipping to cooperate in coal shipping in the domestic…
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Shanhaiguan Shipbuilding to complete unfinished STX Dalian valemax
CSIC-affiliated Shanhaiguan Shipbuilding Industry has secured a contract to complete an unfinished valemax from bankrupt STX Dalian. South Korea owner…
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Paragon comes out fighting, sues TradeWinds for defamation
Paragon Shipping has delayed delivery of three bulk carrier newbuildings and is still suffering from poor liquidity – but one…
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DryShips on the brink as creditors circle
DryShips has admitted some its debts have been declared in default and has hinted it might struggle to keep operating…
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Globus Maritime amends loan agreements with DBV and HSH
Globus Maritime has announced that it has come to an agreement with two of its lenders, DVB Bank and HSH…
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Navios and Scorpio capesizes fixed on timecharter as rates rise
Two more capesizes have been reported fixed on period contracts to major charterers as rates continue to climb to near…
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Navios could sue Vale over scrapped terminal deal
Navios Maritime Holdings has revealed Brazilian miner Vale has ditched plans to use an iron ore terminal under construction in…
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Shipping: The business of an industry
In the first of a two-part special for Splash, Paul Slater looks at how shipping has changed in the 21st…
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D’Amico refuses first supramax delivery from Yangfan
The last supramax bulk carrier built by China’s Yangfan and renamed has been sold to Korea Line because d’Amico Società…
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Bangladeshi bulker player linked to first tanker buy
Chittagong-based SR Shipping has been linked to its first tanker as it continues its bargain basement hunt for cheap tonnage.…
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Malaysian Bulk Carriers gets coal COA
Malaysian Bulk Carriers (MBC) has won a 15-year contract of affrieghtment (COA) worth RM563m ($143.5m) from compatriot company TNB Fuel…
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Guoyu Shipping exits shipowning with supramax sales
Sources tell Splash that two popular supramaxes have successfully been offloaded by low-key Chinese firm, Guoyu Shipping. The 57-000 dwt…
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Transgrain extends timecharter of Diana panamax
Rotterdam-based Transgrain has extended its timecharter of one of Diana Shipping’s panamax bulk carriers by a further 11 to 14…
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New CEO for Golden Ocean as Billing departs
John Fredriksen’s Golden Ocean Group has announced that it has appointed Birgitte Ringstad Vartdal as the new chief executive officer…
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D’Amico sells ultramax to Korea Line
An ultramax just out of Yangfan’s shipyard in China has reregistered its owner name from Italy’s D’Amico to one of…
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Classic Maritime fixes another capesize on timecharter
Economou-led Classic Maritime has fixed another capesize bulk carrier on timecharter, its second fixture of the week, while short-term period…
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