Dry Cargo
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Diana and Safe Bulkers kamsarmaxes get period fixtures, rates stay flat
Four kamsarmax bulk carriers were reported fixed on period charters today. But while chartering activity has been steady, rates for…
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Eagle Bulk gets another three days
Nasdaq-listed supramax specialist Eagle Bulk has extended its forbearance and standstill agreement with its creditors by a further three days…
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Western Bulk Chartering distances itself from insolvent Bulk Invest
Western Bulk Chartering (WBC) will not be drawn into the potentially messy liquidation process of Bulk Invest, its ceo told…
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30 valemaxes ordered in China
Chinese state-backed firms have moved to both shore up local yards and further cement their hold on Brazil-China iron ore…
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Fednav adds more at Oshima
Canada’s Fednav is back at its favoured Japanese yard, Oshima, for a series of handysizes, brokers report. The owner has…
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New head for Cargill ocean transportation
Cargill has announced that Jan Dieleman has taken over the leadership of the group’s ocean transportation business from Roger Janson,…
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The worst dry bulk market since the Vikings? Golden Ocean boss warns on bankruptcies
With sources close to John Fredriksen telling Splash he’s gearing up for a dry bulk binge, his right hand man…
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Eastern Pacific grabs Japanese cape resale
Eastern Pacific continues to build its capesize fleet, brokers report. The Idan Ofer-led company is linked to the purchase of…
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Tan Binh snaps up one more
One of the biggest takers of 2000-built Japanese handies in 2015 is back picking up more ships on the cheap.…
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Safe Bulkers extends tenor of Unicredit loan
NYSE-listed Safe Bulkers has extended the tenor of its existing credit facility with Unicredit, which will delay the balloon payment…
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Bulk Invest files for bankruptcy
Oslo-listed Bulk Invest, formerly known as Western Bulk, has filed a petition for bankruptcy after negotiations failed with its creditors.…
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Hellenic Carriers looks to cancel listing on AIM
Losses posted by Hellenic Carriers in its 2015 results have led the company to propose cancelling its listing on the…
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Chinese kamsarmax operator books Sinochem ship
China’s BDH Quadro Marine, a newly founded operator of kamsarmaxes for agri imports, has fixed Sinochem’s kamsarmax Ocean Garlic (82,036…
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Fredriksen eyes dry bulk and offshore acquisitions on back of $510m Marine Harvest share sale
Expect John Fredriksen to make some very significant acquisitive moves in either dry bulk or offshore in the coming weeks.…
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China’s newest shipowner revealed
China has a new shipowner. Jiangsu Suneng Logistics has snapped up three handymaxes, entering the domestic trades. The 2010-built ships…
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Two new charters for Euroseas
Greek containership and dry bulk owner Euroseas has announced that it has chartered out 2,556 teu containership Evridiki G under…
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Bulker capsizes near Shanghai
Chinese bulker Bao Jiang 88 capsized and sank near Yangshan Port of Shanghai while enroute from Ningbo to Nanjing with…
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Two crew on Hong Kong ship fall into cargo hold, one dead and one injured
Two crew memebers onboard Hong Kong-flagged bulker fell into the cargo hold of the vessel on Monday, amid rough sea…
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Eagle Bulk gets another 72 hours
Nasdaq-listed supramax specialist Eagle Bulk has extended its forbearance and standstill agreement with its creditors by a further three days.…
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Lithuanian Shipping fleet to be auctioned off
Bankrupt Lithuanian Shipping is to sell its fleet of five small bulk carriers in a court-ordered auction, which will raise…
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