Dry Cargo News - Dry Bulk Shipping & Commodity Industry Updates

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Pillarstone: Premuda’s back in the market in buying mood

June 11th, 20180 One year after KKR Capital’s turnaround fund Pillarstone Italy took control of Italian owner Premuda, the Genoa-based shipping firm is back in the market with positive...

Dry Cargo

All eyes on Vale

June 8th, 20180 The Brazilian miner has laid out some very robust iron ore production targets, writes Jeffrey Landsberg from Commodore Research. As was widely reported in April, Anglo...

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Weekly Broker: Quiet bullishness at Posidonia shows through

June 7th, 20180 Brokers and owners were out far too late enjoying themselves in the Greek capital this past week, something that has clearly been reflected on the S&P markets with a...

Dry Cargo

Diana Shipping fixes capesize to Koch Shipping

June 7th, 20180 Greek owner Diana Shipping has entered into a time charter contract with Koch Shipping Singapore for its 2005-built capesize bulk carrier . The charter commenced on...

Dry Cargo

K Line top brass face repeated calls for their removal

June 6th, 20181 Once again top brass at Japan’s third largest shipping line, Kawasaki Kisen Kaisha (K Line) are fearing for their jobs as a key shareholder has called for their...

Dry Cargo

Scrubbers take more flak at Posidonia

June 6th, 20180 Politics, scrubbers, scrapping and consolidation were themes that dominated yesterday’s shortened TradeWinds Shipowners Forum, held just in front of the Splash...

Dry Cargo

Qinfa Group confirms sale of bulker to Kassian Maritime

June 6th, 20180 China’s coal trading and logistics major Qinga Group has confirmed the sale of a 2011-built panamax bulker to Greek owner Kassian Maritime Navigation. Splash reported...

Dry Cargo

NovaAlgoma Cement Carriers buys into JT Cement

June 5th, 20180 NovaAlgoma Cement Carriers (NACC), a 50/50 joint venture company between Algoma Central Corporation and Nova Marine, has acquired a 25% ownership interest in JT Cement,...

Dry Cargo

GoodBulk files for US IPO

June 2nd, 20180 John Michael Radziwill’s GoodBulk has finally pushed the go button on a long-awaited listing by filing a registration statement with the SEC for a proposed New York...

Dry Cargo

Levantina Bulk to close down

June 1st, 20180 Despite being a commercial success, Genoa-based Levantina Bulk is closing its operations. Levantina Bulk was founded in Italy in 2013 by the Visentini family, with a...

Dry Cargo

Euroseas completes EuroDry spinoff

June 1st, 20180 Greek owner Euroseas has completed the spin-off of its bulker fleet into EuroDry, now listed on the Nasdaq Capital Market and trading under the EDRY symbol. Euroseas...

Dry Cargo

Huxley joins GoodBulk board as IPO talk heats up

May 31st, 20180 Tim Huxley, one of the most famous names in Hong Kong shipping, has been appointed to the board of John Michael Radziwill’s GoodBulk. Huxley was at brokers Clarkson...

Dry Cargo

Angelicoussis crowned the highest valued Greek shipping billionaire

May 31st, 20181 Greek shipping stats keep coming in thick and fast to the Splash newsroom ahead of next week’s Posidonia exhibition in Athens. Online pricing portal VesselsValue is...

Dry Cargo

Weekly Broker: Greeks turn attention to tanker bargains

May 31st, 20181 Despite the first champagne corks popping in Athens as Posidonia parties get underway the secondhand bulker sale and purchase market has seen fairly good volumes in the...

Dry Cargo

GoodBulk: John Michael Radziwill stars on the cover of Posidonia special issue of Maritime CEO

May 30th, 20180 The latest issue of Maritime CEO magazine launches today with a suitably Greek flavour to proceedings given that the publication will be distributed across...

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Splash Dash

Hyundai Heavy runs out of offshore work
South Korean shipbuilding major Hyundai Heavy Industries (HHI) has announced that it will suspend... Jun 22nd, 2018 inShipyards
This is why jackup rig dayrates will double
David Carter Shinn from Norwegian offshore rig brokerage and advisory Bassoe Offshore reckons it's... Jun 22nd, 2018 inOffshore
The Great Reversal: US crude and the diverse forces shaping tanker markets
Reduced floating storage, the high level of deliveries and mixed impact of increased US crude... Jun 22nd, 2018 inContributions
Korea’s largest steel mill gets shipping partners to install scrubbers
Korea, Inc has thrown its weight behind scrubbers. In a significant move, POSCO, one of the top... Jun 22nd, 2018 inEnvironment
HMM denies it is preparing for life without Maersk and MSC
January 1, 2020 marks a date creating headaches for shipowners around the world as they gear up for... Jun 20th, 2018 inContainers
Should HMM stay or go?
On March 16 2017, Hyundai Merchant Marine (HMM) inked a three-year strategic cooperation agreement... Jun 20th, 2018 inOpinion

Diana Shipping newcastlemax gets pay rise from Koch

Danaos seals $2.2bn debt refinancing

Wilhelmsen Ship Management adds UK office, targets ambitious growth

Angelicoussis back at DSME for another LNG carrier

Negligent homicide charge dropped against commander of USS Fitzgerald

Yangzijiang wins more newcastlemax orders

Cox Oil agrees on $322m buyout of EGC

Generator fire doused on Great Lakes bulker, USCG to investigate

GMS adds to its growing operational fleet

Shelf Drilling to list in Oslo on Monday

Shelf Drilling IPO oversubscribed

Rowan jackup gets three-year Saudi Aramco contract

Hyundai Heavy runs out of offshore work

Korea’s largest steel mill gets shipping partners to install scrubbers

Sungdong Shipbuilding seeks new owners

Ocean Network Express shifts from road to rail in the UK

COSL secures jackup contracts from Aramco

Worker dies after falling off ship at Beihai Shipbuilding

Cosco’s huge swathe of boxships still to deliver this year puts liners on edge

Cosco offers US authorities Long Beach terminal solution to solve OOCL takeover

Premuda and Star Bulk tipped to bid for RBD Armatori’s fleet