Dry Cargo
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EGPN enters cape segment
Hong Kong-registered bulker player EGPN has emerged as the highest bidder for a 180,000 dwt cape from Qingdao Beihai Shipbuilding…
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Martin Fruergaard appointed Pacific Basin CEO as Mats Berglund departs
Hong Kong-listed dry bulk shipping company Pacific Basin has announced that the company’s CEO Mats Berglund has decided to retire…
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Castor Maritime takes its first capesize
Nasdaq-listed dry bulk owner Castor Maritime has announced the acquisition of a 2006-built Japanese capesize bulker for $17.5m. The vessel…
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Weekly Broker: Bulk volatility is back
The secondhand dry bulk S&P market has seen a plethora of deals completed in the past week with interest across…
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Scorpio Bulkers sells two more ultramaxes
Monaco-headquartered Scorpio Bulkers has sold 2015-built ultramax pair SBI Leo and SBI Lyra. The two vessels, which were financed via…
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BAR Technologies makes bold emissions claims while unveiling kamsarmax project
The UK’s BAR Technologies will install solid wing sails on a kamsarmax bulk carrier as part of a 36-month project…
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Seven capes change hands in opening days of 2021
Cape sales continue to dominate the opening days of 2021. While cape freight rates have cooled slightly this week, they…
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Shandong Shipping orders kamsarmax pair at Dalian Shipbuilding Industry
Shandong Shipping has entered into shipbuilding contracts with Dalian Shipbuilding Industry (DSIC) for the construction of two 85,000 dwt kamsarmax…
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Polaris completes clear-out of controversial converted ore carrier fleet
Polaris Shipping has completed its clear-out of its controversial vintage converted ore carriers. Cash buyer Best Oasis reports that the…
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Pavimar grows fleet to 12 with capesize acquisition
Greek dry bulk outfit Pavimar has doubled the size of its capesize fleet with an acquisition from Imabari Senpaku according…
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Ship demo rates close in on the $500 mark for the first time since 2014
Ship demo rates are roaring ahead with the $500 per ldt mark on course to be broached for the first…
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Fire hits Vale’s Ponta da Madeira terminal
Brazilian miner Vale has informed that an incident occurred on one of its ship loaders at the Ponta da Madeira Maritime…
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Charterers under pressure to resolve Chinese coal carrier impasse
Charterers are coming under pressure to resolve the dry bulk standoff on China’s coastline that has stranded more than 1,100…
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Chinese imports heading for 50% market share of the dry bulk market
BIMCO has crunched the numbers for dry bulk movements over the past 12 months to highlight China’s dominant position. Overall,…
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Weekly Broker: Cape rally leads the markets
The dry bulk S&P market has had a positive start of the year with plenty of transactions taking place across…
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Guangdong Shipping orders kamsarmax at Chengxi Shipyard
Guangdong Shipping has entered into shipbuilding contracts with Chengxi Shipyard for the construction of a 82,000 dwt kamsarmax bulker. The…
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Globus Maritime seals new supramax charter
Greek dry bulk owner Globus Maritime has secured new a time charter for its 2010-built supramax . The Chinese-built vessel…
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First Steamship joins Baurmarine pool
Baumarine by MaruKlav, the panamax pool managed by Klaveness and Marubeni, has welcomed Taiwan’s First Steamship as its latest member.…
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Polar vortex drives gas and coal prices to new highs, freight rates leap
An extraordinarily cold winter across East Asia is sending prices for coal and LNG through the roof, and sparking sensational…
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Shipowner consolidation 2021: Pools in the limelight
Splash’s market outlook series today looks at how shipowners will coalesce in 2021. Will shipowning consolidation continue at the brisk…
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