Dry Cargo
-
Gibraltar authorities fight spill from stricken bulk carrier
Salvage teams are working hard to remove fuel from the stricken bulk carrier off the coast of Gibraltar. The ship…
Read More » -
Baltic Exchange working to develop panamax derivatives in China
The Baltic Exchange and Zhengzhou Commodity Exchange (ZCE), China’s largest futures and derivatives exchange, have agreed a memorandum of understanding…
Read More » -
Former Grindrod Shipping boss Martyn Wade joins Lauritzen Bulkers’ board
Former Grindrod Shipping chief executive officer Martyn Wade has been announced as a new member of the board of directors…
Read More » -
Harren Bulkers launches new commercial unit
Germany’s shipowning and management firm Harren Bulkers is expanding its service portfolio with the foundation of a new commercial entity.…
Read More » -
Transatlantic capesize round voyage rates hit new low of just $944 a day
Capesize woes have entered new depths. The transatlantic C8 route yesterday plummeted into triple-digit territory, coming in at $944 per…
Read More » -
Gibraltar declares major incident as grounded bulk carrier develops a breach
The government of Gibraltar has declared a major incident after a hull break was detected on a bulk carrier involved…
Read More » -
G2 Ocean launches carbon offset program
Norwegian open hatch specialist G2 Ocean has launched a carbon offset program for its customers enabling them to digitally offset…
Read More » -
Oshima plans cape entrance
World shipping is set to get a new capesize builder. Oshima Shipbuilding is about to take over Mitsubishi Heavy Industries’…
Read More » -
Taylor Maritime moves to take full control of Grindrod Shipping
London-listed Taylor Maritime Investments (TMI) is looking to fully take over Singapore-based Grindrod Shipping. The Ed Buttery-led bulker owner has…
Read More » -
Noble penalties deemed ‘ridiculous’ by the man who brought the trading group down
Iceberg Research, the outfit led by Arnaud Vagner which brought down Asia’s largest commodities trader four years ago, has blasted…
Read More » -
Bulker and LNG carrier collide off Gibraltar
A dry bulk ship loaded with steel rebars was beached 200 m off Catalan Bay in Gibraltar early this morning…
Read More » -
Plans primed to get more Ukrainian exports moving
The Ukrainian prime minister has given the go-ahead for locals to work as seafarers abroad, a significant fillip to crewing…
Read More » -
NYK invests in tech to convert garbage onboard into biofuels
Nippon Yusen Kaisha (NYK) is looking at converting waste onboard into energy. Japan’s second largest shipping line by dwt has…
Read More » -
Singapore fines Noble $9m for one of Asia’s worst accounting scandals
Authorities in Singapore have concluded investigations and issued fines into one of the largest cases of accounting fraud recorded in…
Read More » -
MOL adds more LNG-powered ships, lays out fuel mix plans through to 2050
Japan’s Mitsui OSK Lines (MOL) is growing its LNG-fuelled fleet, announcing today orders for gas-powered newcastlemaxes to be built at…
Read More » -
Pangaea acquires ultramax to take owned fleet to 25
Nasdaq-listed US bulker owner Pangaea Logistics Solutions has acquired a 2010-built ultramax to take its owned fleet to 25 vessels.…
Read More » -
ESL Shipping orders another five electric hybrid bulkers
AtoB@C Shipping, a Swedish subsidiary of ESL Shipping, part of the Aspo Group, has confirmed an additional order for five…
Read More » -
Heavy losses at yards suggest newbuild prices will remain firm
Shipowners hoping for a cooling in newbuild prices should brace for disappointment. Key yards are still posting enormous losses, despite…
Read More » -
Bulkers slow down while gas carriers hit the pedal
Speed data published by broker Banchero Costa today neatly encapsulates where the shipping markets are mid-way through Q3 in what…
Read More » -
Bulk carrier congestion on the wane as cape earnings slide
It has been a disastrous week for the big bulk carriers with capesizes sliding below opex.One reason for the slump…
Read More »