Genco Reaches Bankruptcy Restructuring Deal
April 4 (Reuters) – Genco Shipping & Trading Ltd will cut its debt by more than $1 billion by giving control of the company to its lenders in a
April 4 (Reuters) – Genco Shipping & Trading Ltd will cut its debt by more than $1 billion by giving control of the company to its lenders in a
April 3 (Bloomberg) — China outlined a package of measures including railway spending and tax relief to support the economy and create jobs after a
By Keith Wallis SINGAPORE April 3 (Reuters) – Rates for capesize bulk carriers on key Asian routes are facing mixed fortunes with a two-tier market
Euroseas, the Athens-based owner/operator of dry bulk and container vessels placed a newbuild order today for two 82,000 dwt Kamsarmax bulk carriers
April 1 (Bloomberg) — The commodities boom is over and you can have some money back. For investors in Japan’s biggest trading houses, Mitsubishi Corp.
With only 79 bulk carriers currently under construction, Scorpio Bulkers decided today that a few more were needed for their growing fleet. Five new Capesize
SINGAPORE, March 25 (Reuters) – Top iron ore producer Vale said it has delivered 382,500 tonnes of iron ore via one its giant Valemax ships to a new
Jay Goodgal will no doubt be shaking his head this morning on the latest news from COSCO which has ordered eight new bulk carriers via its investment holding
In February 2014, the dry bulk shipping fleet and orderbook continued to grow. Shipowners and investors continued to order larger vessels more than
Dry bulk shipping was relying on a strong grain season in South America. Shipowners, investors and analysts, in particular, may need to reevaluate their
Hanjin Shipping, South Korea’s largest shipping company, announced in a stock exchange filing today that it will be merging itself back into its parent
Argentina’s largest grain exporting port in Rosario could remain blocked for about a week after a ship ran aground in the main channel of the Parana River,
Sinopacific Shipbuilding Group has announced the signed newbuild order for two firm bulk carriers, plus two options from Bohi Industry, the Chinese
In a deal announced this week, five capesizes under construction at Shanghai Waigaoqiao Shipbuilding in China, as well as 2013-built capesize bulker will be
March 11 (Bloomberg) — The Indonesian Navy seized 2,822 metric tons of tin from a vessel last week on suspicion the shipment failed to meet government
Iron ore extended its slide into a bear market, plunging the most since August 2009, amid concerns about a possible slowdown in
Shipowners, investors and analysts, who have been expecting for some time to see the dry bulk orderbook, as well as the overall shipping orderbook, to decline
PRESS RELEASE – ATHENS, Greece (March 5, 2014) – Paragon Shipping Inc. (NASDAQ: PRGN) (“Paragon Shipping” or the
Dry bulk carrier Golden Ocean Group Ltd expects double-digit growth in global iron ore trade in 2014, helping its markets pick up momentum and improving rates,
MEXICO CITY, March 3 (Reuters) – Mexico seized more than 119,000 tonnes of minerals suspected of being part of illegal export operations in a port where
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