Dry Cargo
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Drydel charters in Japanese newbuild
Greece’s Drydel Shipping has expanded its fleet with a long-term charter deal for a Japanese newbuild. The Costas Dellaportas-led bulker…
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Lauritzen sells handy
Scrubber-fitted handysizes changing hands are relatively rare. Nevertheless, Lauritzen Bulkers has managed to sell a second such ship in the…
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Bulk carrier freed from Somali pirates after three-month hijacking
A Navibulgar bulk carrier and all 17 crew, hijacked by Somali pirates three months ago, was seized by the Indian…
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Geneva Dry Dialogues: Bahri Dry Bulk
In the 2020s to date, the dry bulk fleet at Bahri, the national shipping company of Saudi Arabia, has more…
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Seanergy times secondhand capesize market right with latest buy
Nasdaq-listed Greek capesize specialist Seanergy Maritime has confirmed broker reports of its latest bulker acquisition ahead of the most recent…
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Vafias spin-off C3is faces Nasdaq delisting
Harry Vafias-backed spin-off C3is is grappling with the risk of being delisted from Nasdaq after receiving a staff determination letter…
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Houthis vow to extend attacks deeper into the Indian Ocean
Another ship has been damaged by the Houthis, who now claim to have hypersonic missiles in their armoury and will…
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Vietnam’s Hoanh Son remains on a panamax charge
Qatari owner S’hail Shipping has made a decent profit on a rusty panamax sale to the fast-growing Hoanh Son Group…
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Pirates plan more attacks as abducted Bangladeshi bulk carrier moors off Somalia
Emboldened by their vessel capture earlier this week, Somali pirates have set out again to sea to snare more ships…
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Jones Act leasing business launched by Libra subsidiary
Seapath, part of Libra Group, has launched a Jones Act leasing business with $25m of initial transactions already concluded. Seapath’s…
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Bulk carrier with 23 crew hijacked off Somalia
A Bangladesh-flagged bulk carrier with 23 crew was boarded in the Indian Ocean Tuesday by suspected Somali pirates some 600…
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Nantong Xiangyu wins order for eight methanol-ready ultramaxes
Nantong Xiangyu Shipbuilding & Offshore Engineering has signed a construction deal for eight 64,000 dwt methanol-ready bulk carriers with Xiamen…
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Genco pockets extra $10.5m from delayed sale of two capes
Sometimes in the lottery that is shipping a failed deal can be a bonus. Last month US-listed bulker player Genco…
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NGM Energy sells 2010-built cape for $32.5m
The highly active S&P markets continue with notable activity in the bulker sector. This week, a famous Greek name has…
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Ukraine sets war-time grain exports record
More than 1,000 merchant ships have transited Ukraine’s seven-and-a-half-month-old grain corridor in the Black Sea, making the new export channel…
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Sanko sells last ship
One of the most famous names in Japanese shipowning history, Sanko Steamship, has let go of its last ship. The…
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Swire Bulk sells its two oldest ships
Broking reports show Singapore’s Swire Bulk has let go of its two oldest ships. Swire Bulk, which boasts one of…
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Extra hotel booked as interest ramps up for inaugural Geneva Dry
Due to overwhelming demand the event organisers of Geneva Dry have reached out to a nearby five-star hotel to reserve…
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Grindrod secures up to $113m in debt refinancing
Grindrod Shipping has struck a deal for an $83m loan with Nordea Bank and SEB Bank (Singapore). The Singapore-based bulker…
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Shipping warned sanctions inflation is running ‘red hot’
The minefield shipping faces in avoiding dealing with sanctioned entities has become far more treacherous in recent years. Exclusive data…
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