Dry Cargo
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Q2 rebound for dry bulk
In the first of three sectoral outlooks, Maritime Strategies International gives Splash readers a glimpse of what to expect for…
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Detained German bulker allowed to leave Duluth Harbour
A day after being permitted to dock in Duluth Harbour, German cargo vessel has been allowed to leave the Lake…
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Diana capesize gets discounted timecharter extension from Rio Tinto
Rio Tinto Shipping (Asia) has extended its timecharter of Diana Shipping’s capesize by a further 13 to 18 months for…
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Emarat Maritime: Where rates will head in 2016
Dubai: This year marks the quarter century mark that Captain Jitendra Misra has worked for Emarat Maritime, including 17 years…
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Magnus Lander named new TransAtlantic boss
TransAtlantic has decided to promote from within in its hunt for a new managing director. Magnus Lander will take the…
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Grim outlook for heavylift sector hit by too many speculative orders
SAL Heavy Lift, the German subsidiary of Japan’s K Line, admits it has witnessed a tough 2015 and foresees a…
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German bulker allowed to dock in Duluth Harbour after a month at anchor
A bulker that had been held at anchor in Duluth Harbour for more than a month over alleged illegal discharges…
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Boardroom changes at Goldenport
Goldenport Holdings has appointed Bob Crawley as chairman to replace Chris Walton who, along with company founder Paris Dragnis, is…
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Baltic Dry Index plumbs new depths
The Baltic Dry Index (BDI) has reached a new all-time low for a second consecutive day today, falling 13 points…
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International Shipholding sells modern supramax
New York listed International Shipholding Corp is going to sell the modern supramax bulk carrier Bulk Americas. Market sources familiar…
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Star Bulk linked to sale of three capesize bulk carriers
Brokers report that Star Bulk has sold three bulk carriers this week for around $110.5m altogether. The NASDAQ-listed shipowner is…
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Courage sells panamax for scrap
Courage Marine has sold a 16-year-old panamax bulk carrier for scrap via GMS. A company representative confirmed the sale. This…
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Baltic Dry Index falls below 500 points again to lowest ever level
Today’s Baltic Dry Index has been assessed at 484 points, dipping below 500 points for the second time ever to…
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Diana capesize and post-panamax get timecharters
Commodity traders Cargill and RWE Supply & Trading have respectively fixed post-panamax and capesize bulk carriers owned by Diana Shipping,…
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Bankruptcy proceedings start against Lithuanian Shipping Company
The Klaipeda Regional Court started bankruptcy proceedings yesterday against financially troubled Lithuanian Shipping Company, which has been on the ropes…
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Klaveness orders three combination carriers, ditches kamsarmax
Klaveness Ship Holding has ordered three 83,500 dwt combination carriers from China’s Jiangsu New Yangzi Shipbuilding. The three vessels will…
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DryShips agrees to convert $10m loan to equity, plans reverse stock split
DryShips is to receive a $10m cash injection from a company controlled by its chairman and CEO, George Economou, and…
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Investors and analysts slam Cosco and China Shipping merger plans
Investors followed analyst sentiment today on the Hong Kong Stock Exchange giving the thumbs down to three of four listed…
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Centrex Metals mulls taking Wisco to court over stalled port plans
Centrex Metals is mulling taking the subsidiary of one of China’s largest steel mills to court over a stalled port…
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Cosco and China Shipping share prices hammered in early trading
Shares of Cosco and China Shipping businesses have taken a hammering on the stock markets this morning, having resumed trading…
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