Dry Cargo
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Shipping walks tricky Russian sanctions tightrope
There are 1,505 Russian-affiliated vessels that face some form of restrictions as the global maritime industry comes to terms with…
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Pioneer Marine wraps up management buyout
Greece-based Pioneer Marine has concluded a management buyout with top executives Jim Papoulis and Korinna Tapaktsoglou acquiring around 21m shares…
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Punit Oza takes up new dry bulk role
Wiz, an Indian freight forwarding platform, has announced the start of a new business entity exclusively for handling dry bulk…
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NovaAlgoma adds five ships to fleet
Canada’s Algoma Central Corporation and Swiss-based Nova Marine have bolstered their short sea shipping joint venture, NovaAlgoma, by acquiring three…
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Asian owners set to stretch their lead over European counterparts
In its latest weekly report Clarkson Research Services has highlighted how Asian shipowners have finally overhauled their European peers to…
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Drillship collides with supramax bulker in the US
A Valaris drillship has collided with Z&G Halcoussis’ supramax bulk carrier Akti in Pascagoula, Mississippi, with both vessels sustaining damage.…
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NRP teams with Briese Schifffahrt for eco handy bulker resale
Norwegian investment firm Ness, Risan & Partners (NRP) has joined forces with Germany’s Briese Schiffahrt to add another bulker to…
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Sinokor bulker towed to safety ahead of storm after losing power off Newfoundland
On March 11, the Sinokor-owned capesize bulk carrier lost power off the coast of Newfoundland, on Canada’s Atlantic coast. The…
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Urgent call to create safe corridors in the Black Sea
At an ongoing two-day emergency meeting at the International Maritime Organization (IMO), the world’s leading shipping associations have called for…
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Former Frontline boss Macleod set to join Norden board
Robert Hvide Macleod, former chief executive of John Fredriksen’s tanker firm Frontline, is set to join the board of directors…
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Castor Maritime seals three new charters
Nasdaq-listed Castor Maritime has secured new time charter contracts for three of its bulk carriers. The Cyprus-based firm has fixed…
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Taylor Maritime offloads bulker pair for $33m
London-listed Taylor Maritime Investments (TMI) continues to maximise its returns from improving markets, having landed $33.3m from the sale of…
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Diana Shipping charters out latest capesize acquisition
Greek bulker owner Diana Shipping has fixed its recently acquired resale capesize to farm commodities trader Bunge. The 181,500 dwt…
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Jinhui nets profit from supramax bulker flip
Jinhui Shipping and Transportation has sold its 2004-built supramax bulk carrier to Hong Kong-incorporated Perfect Shipping for $13.9m. The Chinese…
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Jens Martin Jensen appointed to Frontline and Golden Ocean boards
Jens Martin Jensen, back in the fold as John Fredriksen’s key lieutenant, has joined the boards of his tanker firm,…
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Cargo vessel sinks off Ukraine after explosion, all crewmembers rescued
Estonian-owned general cargo vessel has been sunk in the Black Sea off the coast of Ukraine following an explosion, the…
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EuroDry charters out latest supramax acquisition at almost double the rate
Greek dry bulk owner EuroDry has fixed its recently acquired 2014-built supramax at a significantly improved rate compared to its…
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Five Ocean chops and changes it cape fleet
Korean owner Five Ocean Corp has an interesting track record in the secondhand market, picking up ships about every second…
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Diana Shipping fixes capesize to Cargill at higher rate
Greek bulker owner Diana Shipping has sealed another time charter deal with Cargill, this time for the 2015-built capesize .…
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Seafarer killed after missile strikes Bangladeshi bulker in Ukraine
A Bangladeshi sailor was killed yesterday evening after a missile struck Bangladesh Shipping Corporation’s bulker in Ukrainian waters. The ship…
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