Dry Cargo
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New managing director for Thoresen Shipping, Claxton moves to coal subsidiary
Andy Hillier has today become managing director of Thoresen Shipping, the dry bulk shipping arm of Bangkok-listed Thoresen Thai Agencies.…
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Bulk carrier scrapping hit an all-time high in the first quarter 2016
Bulk carrier demolitions reached an all-time high during the first quarter of 2016, both on an absolute basis and as…
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KC Maritime offloads its two oldest bulkers
Half a decade since Hong Kong’s KC Maritime last reported vessel sale the conservative bulker outfit is proceeding to offload…
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Australian immigration officials grilled over failure to pick up ‘Death Ship’ captain
Australia’s Department of Immigration and Border Protection came in for widespread criticism today at the senate in Canberra for its…
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Star Bulk fixes kamsarmax to Louis Dreyfus
NYSE-listed Star Bulk has fixed its kamsarmax bulk carrier Mercurial Virgo (81,545 dwt, built 2013) on a five- to seven-month…
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Premuda: How shipping got into such trouble
Genoa: There are three main factors for the present crisis in some shipping segments according to Premuda’s president, Alcide Ezio…
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Beibu Gulf eyes more ships
Low key Hong Kong-based Beibu Gulf Shipping has confirmed Splash reports that it is the taker of the 2009- built…
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Diana Shipping fixes panamax pair to Glencore Grain
Diana Shipping has chartered out a pair of panamax vessels to Glencore Grain, with the contracts commencing on March 26…
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Economou loads DryShips revolver with additional $10m
Drybulk specialist DryShips has announced today that it has entered into an agreement to increase its secured revolving facility, provided…
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Karadeniz adds OBO
Brokers reports that Karadeniz Holdings’ bargain basement run of bulker acquisitions continues. This week brokers link the Turkish player to…
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Modern kamsarmax quartet sold to Greek interests
Two Greek owners, Embiricos and Thenamaris, have been linked to two ships each from a quartet of kamsarmax bulkers sold…
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Grounded bulk carrier Sparna moved safely to berth
The bulk carrier Sparna (54,881 dwt, built 2004), which was severely damaged when it ran aground in the Columbia River…
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Diana capesize gets new timecharter to SwissMarine
Diana Shipping’s capesize bulk carrier Norfolk (164,218 dwt, built 2002) has been fixed on a new nine- to twelve-month timecharter…
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NewLead accused of stock manipulation, bank fraud and money laundering
A commodity trader suing NewLead Holdings for breach of contract has made extraordinary allegations of stock manipulation, bank fraud and…
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Globus sells panamax to pay back loan
Greece’s Globus Maritime has sold a vessel holding company that beneficially owns one of its panamax bulk carriers in order…
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CMES orders 10 valemaxes at three domestic yards
China Merchants Energy Shipping (CMES) has announced that it has officially signed shipbuilding contracts for the construction of ten 400,000dwt…
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Kambara Kisen offloads fourth ship in the space of a month
Japan’s Kambara Kisen is shedding dry bulk tonnage fast. Splash understands the owner, which also controls Tsuneishi Shipbuilding, has just…
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Pioneer scratches five handy orders
Singapore-based bulker player Pioneer Marine has terminated five handysize newbuild contracts at Yangzhou Guoyu Shipyard. The instalments paid in relation…
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Bugbee buys Scorpio Bulkers shares
Robert Bugbee, president of Scorpio Bulkers, has spent around $432,100 buying shares in the NYSE-listed company. The president purchased a…
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Pan Ocean secures 20-year COA deal from Vale
South Korean shipowner Pan Ocean has announced that it has entered into a 20-year contract of affreightment (COA) with Vale.…
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