Dry Cargo
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All 22 crew rescued as bulk carrier sinks in the Philippine Sea
A Taiwanese fishing vessel rescued all 22 crew from a Panama-flagged bulk carrier which sank this morning in the Philippine…
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Ningbo Marine buys panamax bulker from Seacon
Chinese dry bulk operator Ningbo Marine has announced the acquisition of 2013-built 76,000 dwt panamax bulker . The vessel was…
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Seanergy seals $179m financial restructuring
Greek capesize owner Seanergy Maritime Holdings has reached final agreements with key lenders for the financial restructuring of a total…
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HGK Shipping takes full control of NVG
German shipping and logistics company HGK Shipping has announced that it has acquired the shares of all the minority shareholders…
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Scorpio Bulkers sells another Ocean Yield-financed ship
Monaco’s Scorpio Bulkers, soon to be renamed Eneti as it transitions to an offshore wind vessel owner, has sold another…
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Meghna orders ultramax quartet at Yangzi-Mitsui Shipbuilding
Bangladesh’s Meghna Group has placed an order at Yangzi-Mitsui Shipbuilding, the joint venture between China’s Yangzijiang Shipbuilding and Japan’s Mitsui…
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Diana Shipping fixes post-panamax bulker at higher rate
Greek dry bulk owner Diana Shipping has entered into a time charter contract with SwissMarine for 2013-built post-panamax bulker .…
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Cape sales dominate as rates soar
Cape sales reserved the top spot in this week’s broking reports. Clarksons reports that the year has begun with significant…
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Unique Shipping exits cape segment
Private Hong Kong owner, Unique Shipping, is quitting the bulker segment, offloading its one cape, a ship that’s been with…
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Diana Shipping secures capesize charters with Cargill and CTM
Greek owner Diana Shipping has sealed time charter contracts for two of its capesize bulkers. Cargill International has taken the…
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Growing Mongolian coal exports alarm dry bulk owners
Dry bulk owners are watching customs stats out of Beijing closely to see where China is sourcing coal to replace…
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Scorpio Bulkers sells another kamsarmax
Monaco’s Scorpio Bulkers continues to sell down its fleet, announcing the sale of 2018-built kamsarmax for $22.25m. The vessel was…
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Ningbo Marine orders handy bulker trio at China Merchants Jinling
Chinese dry bulk operator Ningbo Marine has signed a shipbuilding contract with China Merchants Jinling Shipbuilding for the construction of…
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No signs of thawing in coal ties as China suffers freezing winter
Amid its coldest winter since 2013, China shows no sign of thawing its coal impasse with key supplier, Australia. Beijing’s…
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Scorpio Bulkers to change name to Eneti as it finalises transition to offshore wind
Monaco-based Scorpio Bulkers has announced it will be changing its name to Eneti as it works to finalise a transition…
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Chinese bulker player piles on more supramaxes
Shanghai Zhengdong Shipping is fattening its fleet, taking delivery of one supramax after another. Three ships have been acquired in…
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Globus Maritime seals new charter for panamax bulker
Greek owner Globus Maritime has secured a new time charter for 2005-built panamax bulker . The new charter commences on…
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Bids readied to take Shipping Corporation of India private
A management buy-out of sorts is being mooted for India’s flagship carrier. According to the Hindu Business Line, around 400…
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Navios Maritime Partners seals deal to take full ownership of Navios Containers
Angeliki Frangou’s Navios Maritime Partners (Navios Partners) has entered into a definitive merger agreement to acquire Navios Containers, having submitted…
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CSSC Shipping inks sale and leaseback for four bulkers with China Minsheng
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has entered into a sale and leaseback agreement with…
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