Dry Cargo
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Asian coal shipments soar as continent swelters from early heatwaves
Extraordinary heatwaves being recorded over the past few weeks in many Asian countries are seeing higher than normal purchases of…
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Ultramax newbuilds primed with onboard ammonia-to-hydrogen cracking
Oslo-based Pherousa Green Shipping, together with Pherousa Green Technologies, is set to place an order for up to six ultramax…
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Is the dry bulk market set for a super-cycle?
In his regular monthly column, Pierre Aury discusses how a super-cycle could emerge. During the Maritime CEO Forum held recently…
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Ocean Yield details CMB ammonia-ready newcastlemax deal
Norwegian owner Ocean Yield has signed up for eight or nine ammonia-ready newcastlemax bulk carriers booked for construction in China…
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Diana Shipping readies $123m refinancing
Diana Shipping has lined up $123m to refinance existing credit facilities secured by 14 of its ships. The New York-listed…
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Hengli Shipbuilding scores Greek bulker orders
Hengli Shipbuilding, the yard formerly known as STX Dalian, has cemented its revival with orders from an unspecified Greek owner…
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Sweden’s Ahlmark taps Royal Bodewes for pair of mini-bulker newbuilds
Swedish owner and operator Ahlmark Lines has placed an order at Dutch shipyard Royal Bodewes for the construction of two…
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Valemaxes to start calling at Abu Dhabi
Abu Dhabi’s AD Ports Group has signed a memorandum of understanding (MoU) with the world’s largest producer of iron ore…
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Modern ultramax sold for firm $30m
Brokers report one rare modern ultramax sale, with a price tag to match the age. Japan’s Daiwa Kisen is reportedly…
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Klaveness Combination Carriers lines up three newbuilds in China
Norwegian owner Klaveness Combination Carriers (KCC) is set to expand its fleet after signing a deal for three Cabu newbuild…
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New session, speakers and sponsors announced for next year’s inaugural Geneva Dry
In the three weeks since launching Geneva Dry with the aim of becoming the world’s premier commodities shipping conference, organisers…
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Xiamen ITG Group readies for dry bulk and bunkering fleet growth
State-owned and Shanghai-listed Xiamen ITG Group has moved to expand its fleet with a pair of bulk carriers and six…
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Cargill takes Diana panamax bulker on charter
Greek bulker owner Diana Shipping has chartered out its 2010-built panamax to commodities giant Cargill in a deal that is…
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Densay books ultramax bulk carrier sextet at Chinese shipyards
Dubai-based Turkish owner and operator Densay Shipping is expanding its fleet with a series of ultramax bulk carrier orders in…
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Marinakis takes Chinese kamsarmax
Broking sources tell Splash that China’s Far Eastern Horizon has fetched $20m for the 81,200 dwt, 10-year-old Xin Han, sold…
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G7 leaders discuss further Russian shipping sanctions
Leaders of the Group of Seven (G7) nations are meeting in Hiroshima and discussing further shipping-related sanctions on Russia. New…
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Fredriksen signs for up to eight bulk carriers in China
John Fredriksen’s Seatankers has contracted Qingdao Shipyard in China for up to eight 82,000 dwt bulk carriers. No price or…
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Black Sea grain deal gets two-month extension
The Ukraine Black Sea grain deal has been extended for two more months. Turkish President Tayyip Erdogan first announced the…
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Belgium gets a glimpse of autonomous shipping future
Two of a series of 10 pioneering inland barges have been christened this week in Antwerp, giving shipping a glimpse…
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Eagle Bulk boosts borrowing power
US-based Eagle Bulk Shipping has bolstered its borrowing capacity by adding $175m to its existing credit facility with a reduction…
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