Dry Cargo
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Courage Marine closes operations in Taiwan and Shanghai
Hong Kong-listed Courage Marine has announced that it has disposed of its entire interest in two subsidiaries, Courage Maritime Technical…
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Euroseas stacks shelf for securities sale that could raise up to $400m
NASDAQ-listed Euroseas has filed a prospectus with the US SEC, which will allow the Athens-based shipowner to potentially sell up…
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Daiichi Chuo could be broken up as part of rehab plan
Senior management at bankrupt Daiichi Chuo Kisen Kaisha is debating whether to seek support for its rehabilitation as a group…
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NewLead fires back at TransAsia in court case, blames co-defendant
More shots have been fired in the ongoing court case between NewLead Holdings and TransAsia Commodities. The Greek shipping company…
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Paragon Shipping names new CFO
Nikolas Arachovas has joined NASDAQ-listed Paragon Shipping as its new chief financial officer (CFO) with immediate effect. Arachovas was previously…
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Great Eastern Shipping adds secondhand MR tanker
Great Eastern Shipping has announced that it has signed a contract to acquire a secondhand 48,000dwt medium range product tanker.…
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International Shipholding Corporation offloads two
Brokers report that the US outfit International Shipholding Corporation (ISC) fetched $10.4m each for two 35,000 dwt handysize bulkers, and EGS…
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COP21: Problems and opportunities for shipping
The 2015 United Nations Climate Change Conference, COP21, underway now could have an effect on the shipping industry for years. …
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Another handy for Tan Binh
Very active Vietnamese owner Tan Binh Shipping has snapped up the for $6.65m from J. Lauritzen. The sale came only…
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Buy ships now before prices rise: Stopford
Now is the time to delve into the S&P market before prices start to creap up, the world’s most famous…
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Algoma orders two self-unloading bulkers at Yangzijiang
Algoma Central Corporation has announced that it has contracts in place, made effective overnight, to build two 740 foot self-unloading…
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Handy specialist Tan Binh in for another
Brokers link Tan Binh Shipping to the purchase of the 13-year-old, 29,887 dwt for $5.6m, a price that appears high…
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Copper comedown
Dalian correspondent Mark Downing looks at China’s slackened copper demand. China’s recent surge in copper imports is not indicative of…
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Star Bulk linked to sale of two capesizes
NYSE-listed Star Bulk has a deal on subjects for the sale of two capesize vessels to South Korea’s H Line…
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Pacific Basin buys secondhand bulker
Hong Kong-listed Pacific Basin has announced that it has recently purchased an eight year old 32,000dwt Japanese-built handysize log/bulk carrier.…
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Scorpio Bulkers sells capesize sextet to Zodiac Maritime at $110m loss
Eyal Ofer’s Zodiac Maritime is said to be the buyer of six capesize bulk carriers sold by Scorpio Bulkers for…
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ESL Shipping orders world’s first large LNG-fuelled bulkers
A Finnish dry bulk player is diversifying to try and survive amid the record lows the sector is suffering. ESL…
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Fixed rate management solution introduced for hard-pressed bulker owners
NEPA Projects and Investments has developed a fixed rate management concept for dry cargo owners to provide support during the…
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Scorpio offloads another six capes
Scorpio Bulkers has entered into agreements with unspecified firms to sell two capsizes and four newbuilding capesizes still under construction…
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Gestion Maritime scraps old bulker
The fleet of the Monaco-based shipping company Gestion Maritime will shortly decrease to 10 units. Danilo Fumarola, ceo of the…
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