Dry Cargo
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Fortescue readies first ammonia-fuelled ship by end of next year
Fortescue Metals Group, one of Australia’s top miners, is further down the track to creating an ammonia-fuelled ship than most…
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Pre-sale vessel inspections put S&P in the clear
In a buoyant S&P market, up to one third of transactions now make use of pre-sale ship inspections. With transparency…
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Diana Shipping fixes kamsarmax to Cargill
New York-listed bulker owner Diana Shipping has sealed a new time charter contract with Cargill International for the 2010-built kamsarmax…
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Danish Ship Finance warns on slowing growth in seaborne trade volumes next year
Danish Ship Finance has published its latest biannual shipping markets report with plenty of projections for shipping to digest. Analysts…
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Canadian miner Teck taps Oldendorff to reduce emissions from coal trades
German dry bulk owner Oldendorff Carriers has sealed an agreement with Canadian mining company Teck Resources for the employment of…
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Wisdom Marine books ultramax pair at Imabari
Taiwanese bulk shipping operator Wisdom Marine has returned to Imabari Shipbuilding with an order for two ultramax newbuilds. The Taipei-based…
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COP26 coal deal will see shift in dry bulk trading patterns
Global seaborne maps for the coal trades are set to be redrawn in the wake of another significant announcement at…
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Anglo American eyes carbon neutral shipping by 2040
UK-based mining giant Anglo American has set an ambition to achieve carbon neutrality across its controlled ocean freight activities by…
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Port of Churchill in northern Canada to close for two years due to repairs to rail line
The Port of Churchill in northern Manitoba, Canada’s only deep-water Arctic port, is closing for two years, while the rail…
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Navigare heads back to Yangzijiang for bulker quartet
Navigation Maritime Bulgare, Bulgaria’s largest shipping company, has ordered four more 45,500 dwt bulk carriers at China’s Jiangsu New Yangzi…
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Delta Corp acquires maritime AI start-up Quantship
Fast-growing logistic provider Delta Corp Shipping has acquired Quantship, a pioneering artificial intelligence (AI) platform, which utilises quant algorithms to…
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Changing of the guard at the world’s largest shipping company
There’s a changing of the guard at the world’s largest shipping company. As he hits the mandated retirement age of…
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Oldendorff in for up to 12 kamsarmaxes at Hantong
German dry bulk owner Oldendorff Carriers is back for more bulk carriers at the Chinese Jiangsu Hantong yard with an…
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Saverys family decides to quit pursuit of Shipping Corp of India
One of the frontrunner bids to take over state-run Shipping Corporation of India is in tatters as the Saverys family…
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IMO’s newest member Botswana delivers its first iron ore cargo to China
The newest member state of the International Maritime Organization (IMO), landlocked Botswana, has delivered its first ever iron ore export…
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How electric vehicle demand will transform the dry bulk trades
Electric vehicles require roughly six times more minerals than their internal combustion engine cousins, something that will have significant, as…
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Qatari construction firm avoids ‘containergeddon’ with clever use of bulk carriers
A Qatari construction company faced with container shortages has opted to use bulk carriers to bring essential building materials from…
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Consortium Maritime Trading: How to make money from freight derivatives trading
Consortium Maritime Trading is in the process of raising $50m to create a fully integrated freight and commodity derivatives trading…
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Wilson buys six vessels from Rhenus
Norway’s Wilson has entered into an agreement with Germany’s Rhenus Maritime Services for the acquisition of ships and contract portfolio…
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Castor Maritime charters out latest panamax buy
Nasdaq-listed Castor Maritime has secured a new time charter contract with an undisclosed client for the newly delivered Japanese-built panamax…
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