Dry Cargo News - Dry Bulk Shipping & Commodity Industry Updates

Dry Cargo

Norden seals 10-year COA with Sembcorp Energy India

February 1st, 20190 Danish shipowner and operator Dampskibsselskabet NORDEN has signed a 10-year contract of affreightment with utility firm Sembcorp Energy India. Commencing April 1,...

Dry Cargo

Weekly Broker: Deals off as dry bulk suffers multiple blows

January 31st, 20192 The ongoing “bloodbath”, as one owner told Splash today, in the dry bulk freight markets has unsurprisingly seen investors yank their chequebooks from the...

Dry Cargo

Dry bulk woes lead inaugural issue of Splash Extra

January 30th, 20196 An extraordinary set of external circumstances – floods, cyclones and swine flu – have combined with weak trading fundamentals to send the dry bulk market into a...

Dry Cargo

Polaris Shipping to exit supramax sector as VLOCs start rolling in

January 30th, 20190 South Korea’s Polaris Shipping has put its only two supramaxes up for sale as a slew of much larger size newbuild vessels start to deliver into its fleet. Brokers...

Dry Cargo

Eastern Pacific renews effort to exit handysize segment

January 29th, 20190 Eastern Pacific has put its fleet of four handysize bulkers back into the shop window after an attempt to exit the sector last October failed, according to broking...

Dry Cargo

Nissen Kaiun’s latest cape sale watched with interest

January 29th, 20190 Nisshin Kaiun’s ongoing fire sale continues. This time the privately owned Japanese shipping mammoth is attempting to sell its oldest cape, an eight-year-old cape...

Dry Cargo

Diana Shipping fixes bulker pair

January 29th, 20190 Greek dry bulk owner Diana Shipping has entered into time charter contracts for two of its vessels. Uniper Global Commodities has taken 2012-built post-panamax vessel...

Dry Cargo

Pan Ocean to order two capes on back of latest Vale contract

January 28th, 20190 South Korean bulker giant Pan Ocean has announced it will buy two new capesizes having secured another long-term iron ore shipping contract with Brazilian miner,...

Dry Cargo

One charged over Stellar Daisy sinking

January 25th, 20190 A court in South Korea yesterday granted the arrest warrant for the former head of maritime affairs at Polaris Shipping, a local shipowner, whose VLOC, Stellar Daisy,...

Dry Cargo

Western Bulk suffers $10m Chilean hit

January 25th, 20190 Oslo-based Western Bulk Chartering saw its full-year profits take a sizeable hit from some poor decisions taken by an employee in South America. Western Bulk said...

Dry Cargo

Shining International Shipping selling off fleet

January 25th, 20190 Chinese bulker owner Shining International Shipping is selling its fleet of two handysize bulkers. According to shipbroking sources, the company has listed its two...

Dry Cargo

Arrest warrants sought for Polaris and KR officials over Stellar Daisy sinking

January 24th, 20196 Nearly 22 months after the tragic sinking of the Stellar Daisy VLOC arrest warrants have been sought by the Busan Coast Guard for Kim Wan-joong, the CEO and chairman of...

Dry Cargo

Weekly Broker: Owners pin hopes on Year of the Pig

January 24th, 20190 The year of the dog is fading out with barely a bark, with owners hoping the upcoming Chinese New Year finally gives them the chance to bring home the bacon. The...

Dry Cargo

An ultramax in and two supramaxes out at Eagle Bulk

January 24th, 20190 US dry bulk owner Eagle Bulk Shipping has confirmed the acquisition of a 2015-built ultramax bulker for $20.4m in a deal widely reported by brokers earlier in the...

Dry Cargo

Ocean Agencies makes rare purchase

January 24th, 20190 Ocean Agencies, a low profile Ukrainian shipowner based in London, has made its first vessel purchase in years. The company has been revealed as the taker of a...

Dry Cargo

Oman Shipping Company readies bulk and box fleet diversification

January 23rd, 20190 Oman Shipping Company (OSC) is plotting a fleet diversification into dry bulk and containers. The Middle Eastern owner yesterday confirmed orders reported by Splash...

Dry Cargo

Dangerous dry bulk trade forecasts

January 23rd, 20196 Regular contributor Jeffrey Landsberg from Commodore Research warns he has been seeing some bizarre trade forecasts lately. “I can't remember the last time some...

Page 3 of 168 1 234 5 ...

Splash Dash

Stellar Daisy VDR recovered
The voyage data recorder (VDR) of the sunken very large ore carrier has been located and recovered... Feb 18th, 2019 inDry Cargo
China extends import restrictions on Australian coal
Adding to dry bulk’s woes, China is believed to have imposed import restrictions for Australian... Feb 18th, 2019 inDry Cargo
Sterile living conditions onboard make hospitals look attractive: Mission To Seafarers
The Mission To Seafarers has hit out at today’s accommodation blocks, suggesting the sterile... Feb 18th, 2019 inOperations
Cosco ordering 16 newcastlemaxes for bauxite shipping project with Chalco
Chinese state-run shipping giant Cosco is ordering up to 30 newcastlemax bulk carriers at domestic... Feb 15th, 2019 inDry Cargo
Chopped up Maersk Honam in transit
Maersk has issued photos of the chopped up which is now bound from Dubai to be rebuilt at Hyundai... Feb 15th, 2019 inContainers

Ruben Brothers offer for RBD Armatori sees fleet auction cancelled

SSY slashes dry bulk trade forecasts as uncertainties grow

Cobelfret returns to dry bulk buying with Japanese post-panamax deal

MOL Chemical Tankers takes a 20% stake in Den Hartogh

Vale temporarily shuts down Malaysia distribution centre after fire

Laker in winter layup catches fire

Stellar Daisy located

ExxonMobil takes option on Rowan drillship

Bahri clarifies position on Venezuela-bound tanker

Shelf Drilling secures jackup extension from Chevron

Data is the new container: DP World

Milaha starts first direct Europe boxship calls

Stellar Daisy VDR recovered

Tanker owners risk being elbowed out of Korea’s top yards as huge LNG order hoves into view

MOL Chemical Tankers takes a 20% stake in Den Hartogh

Valles back in Japan for an aframax

China extends import restrictions on Australian coal

Valles back in Japan for an aframax

CSC Phoenix parent goes into liquidation

Cosco ordering 16 newcastlemaxes for bauxite shipping project with Chalco

CMB turns to China to refinance ageing cape