Dry Cargo
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Provincial government moves to end construction workers’ protest at Argentina’s Port of Rosario
Construction workers at the Port of Rosario in Argentina’s Santa Fe province began a protest on Tuesday, setting up roadblocks…
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Nobu Su handed another two-year jail sentence
Nobu Su, the disgraced Taiwanese shipping tycoon, was served with another two years in jail yesterday for contempt of court.…
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Seanergy sells and buys cape in bulker fleet renewal
Greek capesize owner Seanergy Maritime is pressing forward with its fleet renewal plan with new deals in place to offload…
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Parana River dredging plan meets with opposition from grain exporters
The government of Argentina decided this month to subcontract the dredging of the Parana River – whose dropping water level…
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Safe Bulkers snaps up another newbuild
Monaco-headquartered dry bulk owner Safe Bulkers has entered into an agreement to acquire a Japanese-built kamsarmax newbuild, with delivery set…
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Chinese bulker player makes $10m on cape sale
A ship in Chinese bulker player Ningbo Zrich Shipping’s fleet is reported sold for $10m more than the purchase price…
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Taylor Maritime eyes more bulkers as rates stay strong
Taylor Maritime Investments is scouring for suitable tonnage with new fleet additions expected to be announced soon as it expects…
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Record 8% of all ships predicted to change hands this year
As much as 8% of the global fleet will change hands this year in what is turning out to be…
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Fleet expansion on the cards as management buyout at Pioneer Marine is concluded
Pioneer Marine executives Dimitris Papoulis and Korinna Tapaktsoglou are taking over the company, following the recent decision taken by its…
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Latest court ruling puts Nobu Su back in the spotlight
A court ruling in the UK has left Nobu Su open to be pursued by creditors again as well as…
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Less than one in two ships comply with the annual efficiency ratio created by the Poseidon Principles
UK consultants Maritime Strategies International (MSI) has added annual efficiency ratio (AER) calculations used in the Poseidon Principles to its…
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K Line apologises for second hacking incident this year
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has suffered its second serious hacking incident of the year, a further…
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Breakthrough as cargo owners sign up for pioneering ammonia-powered shipping project
Ammonia-powered shipping startup Viridis Bulk Carriers has signed memoranda of undertanding with cargo owners Elkem, Vestkorn, BioMar, Franzefoss Minerals and…
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Safe Bulkers sells panamax
Monaco-based Safe Bulkers’s fleet renewal programme continues apace with the sale of a 2003-built panamax, , for $13.6m. The sale…
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Splash Extra: Costamare’s dry bulk return
Costamare’s decision to reenter the dry bulk trades forms the lead story for the June issue of Splash Extra, published…
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Rio Tinto declares force majeure and suspends operations in South Africa
Mining giant Rio Tinto has ceased operations at Richards Bay Minerals (RBM) in South Africa due to an escalation in…
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Basile Aloy makes quick profit on ultramax trade
Basile Aloy-led Ebe has pulled off one of the finest asset plays of the year. Brokers tell Splash that Ebe…
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Goldwin exits dry bulk
One of Hong Kong’s most speculative owners, Goldwin, has sold its last bulker, the eight-year-old, 64,000 dwt . The sale…
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Belships secures ultramax charters
Norwegian owner Belships has secured time charter contracts for four of its ultramax bulkers, adding value to the company’s long-term…
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China to build 100m ton coal stockpile this year
China’s National Development and Reform Commission (NDRC) has announced that it plans to build up around 100m tons of deployable…
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