Dry Cargo
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Danaos beefs up capesize fleet
Greek owner Danaos has continued to expand its dry bulk exposure by adding more capesize vessels to its already seven-strong…
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Volatility in shipping hits extreme levels
An industry known for its volatility has entered a new period of extreme swings in earnings. New research carried out…
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Star Bulk takes kamsarmax newbuild series to five
Greek dry bulk giant Star Bulk Carriers has revealed more kamsarmax newbuilds in China as it works toward renewing its…
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Foremost Group CEO Angela Chao dies in car accident
Angela Chao, the chief executive and chair of New York-based bulker owner Foremost Group, has passed away after a tragic…
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Safe Bulkers gets rid of oldest ship in its fleet
New York-listed Greek dry bulk owner Safe Bulkers has entered into an agreement for the sale of the oldest vessel…
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Geneva Dry Dialogues: Idwal
British firm Idwal is building a commanding position in the vessel inspection business, conducting an S&P inspection on 45% of…
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Bulk carrier struck by Houthi missile
A 20-year-old panamax bulk carrier belonging to NASDAQ-listed Star Bulk became the latest Houthi target today. The was shot at…
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2020 Bulkers sells newcastlemax pair for $127m
Newcastlemax owner 2020 Bulkers has sold two 2019-built bulkers to an unaffiliated third party for a total consideration of $127.5m.…
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Capesize S&P deals dominate
Investors in the cape market threw cash on the table last week before the Chinese New Year kicked in. More…
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Diana Shipping charters out bulker to Ming Wah
New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Ming Wah International Shipping for…
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Costamare continues clearout of smaller bulkers
New York-listed Greek owner Costamare has reaffirmed its dry bulk fleet renewal and focus on larger tonnage in the sector.…
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Polaris Shipping CEO jailed as takeover stalls and fleet culled
Polaris Shipping, one of South Korea’s largest shipowners, is enduring turbulent times, its CEO sentenced, a proposed takeover on the…
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Swiss Re report captures the extent of global shipping disruption
Insurer Swiss Re has come up with a chart to highlight the dramatic changes to the world seaborne map in…
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Shih Wei Navigation inks first bulker orders in nearly a decade
Shih Wei Navigation has ended close to a decade-long order drought by signing up for ultramax bulk carrier newbuilds in…
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HMM privatisation process collapses
The long planned privatisation plans for South Korea’s flagship carrier lie in ruin today. Harim Group, whose bid with a…
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Twin strikes take Houthi ship attacks to the 50 mark
With more missiles yesterday the Houthis took their merchant ship strikes to the 50 mark, underlining the severity of the…
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W Marine orders first newbuilds since 2006
Greece’s W Marine has ordered a pair of 82,000 dwt kamsarmaxes in China, marking its first newbuild foray in nearly…
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Star Bulk ships out 17-year-old cape for $20m
Greek dry bulk giant Star Bulk Carriers has offloaded its 17-year-old capesize in what has been a very active S&P…
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Ship damaged as ceasefire talks are discussed around the Middle East
A Barbados-flagged, United Kingdom-owned general cargo ship incurred physical damage from a drone hit in between Eritrea and Yemen just…
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Will the Year of the Dragon spring some surprises?
Pierre Aury on the four big topics shipping needs to be aware of in the coming months. So where is…
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