Dry Cargo
-
Korean shipowning universe in for a shake-up as private equity looks for an exit
The Korean shipowning universe is in for a shake-up with private equity keen to cash out of the sector. Hahn…
Read More » -
Beijing drops Australian coal ban
Beijing has scrapped its ban on Australian coal, with a growing armada of bulk carriers leaving terminals Down Under bound…
Read More » -
Russia allows 60-day extension to the Black Sea Grain Initiative
With just days to go until the latest period of the Black Sea Grain Initiative was due to expire, Russia…
Read More » -
Russia looks at exporting Siberian coal to Asia via the Yenisei river
Russia is looking at shipping Siberian coal to Asia via Arctic river transport. The ministry of transport has proposed using…
Read More » -
Wrecked bulker off Gibraltar battered by storms
Recent storms have hammered the wreck of the , a bulk carrier which sank off the coast of Gibraltar last…
Read More » -
Su Yin Anand moves away from shipping
A well known name in Singapore shipping circles is changing roles. Su Yin Anand, who has headed up Australian mining…
Read More » -
Himalaya Shipping readies New York IPO
Tor Olav Troim-backed Himalaya Shipping, an LNG-fuelled newcastlemax specialist, has filed a registration with the US Securities and Exchange Commission…
Read More » -
Vale invests in more rotor sails
Having installed a first Norsepower rotor sail on a 325,000 dwt bulk carrier newbuild two years ago, Brazilian miner Vale…
Read More » -
Fednav sells terminals division
Canadian bulk carrier operator Fednav has sold its marine terminal business to Logistec Stevedoring, a subsidiary of Logistec Corporation, for…
Read More » -
Nantong Xiangyu wins four ultramax orders
Chinese builder Nantong Xiangyu Shipbuilding and Offshore Engineering has received an order from domestic owner CZBank Leasing for two 63,500…
Read More » -
Geared dry bulk market ‘on fire’
Supramaxes, especially geared ones, are hot property this week with rates the envy of all other bulk classes as strong…
Read More » -
Chinese bulk carrier sinks off Sakhalin island
A Chinese bulk carrier that was holed by ice off Russia’s Sakhalin island sank yesterday. The forepeak of the was…
Read More » -
Bahri and the Suez Canal Authority look to form shipping JV
Saudi Arabia’s flagship shipping line Bahri has signed a non-binding memorandum of understanding with the Suez Canal Authority (SCA) to…
Read More » -
EGD sells down in Klaveness Combination Carriers
The second-largest shareholder in Klaveness Combination Carriers (KCC), EGD Shipping Invest, has sold 3m shares for around $20.6m. The Norwegian…
Read More » -
Industrial improvement in China amid global recession
Jeffrey Landsberg from Commodore Research has good news from China for dry bulk owners. As we have been stressing in…
Read More » -
Belships moves for Japanese ultramax resales
Oslo-listed Belships has pounced for three ultramax resales lined up at Japanese yards, which will take its fleet to 34…
Read More » -
Sea Pioneer returns to Japan with kamsarmax orders at Oshima
Greek owner Sea Pioneer Shipping has returned to Japan with a deal for the construction of three kamsarmax bulk carriers…
Read More » -
Taylor Maritime sells open hatch bulk carrier
London-listed Taylor Maritime Investments has let go the , a 33,200 dwt open hatch, Kanda-built bulker for just under $14m.…
Read More » -
Ukraine to establish $500m ship insurance fund
In a bid to get more grain exports moving, Ukraine’s parliament has approved a $500m insurance fund to offer compensation…
Read More » -
Beks bags more tankers
Istanbul-based Beks Ship Management and Trading, one of last year’s most active Turkish owners in the secondhand market, shows no…
Read More »