dry bulk shipping


Tuesday, October 8, 2013
diana shipping logo
News

Diana Shipping Signs $52 Million Capesize Deal

Diana Shipping (NYSE: DSX) signed a Memorandum of Agreement with Pioneer Shipping yesterday to purchase the 179,134 dwt M/V JK Pioneer for a total

October 8, 2013
Total Views: 56

Monday, October 7, 2013
vale sohar
News

Oman Shipping Signs $356 Million Loan to Acquire Very Large Ore Carriers

Oman Shipping Company has signed a 137 million rials ($355.8 million) loan with two local banks to fund the acquisition of four Very Large Ore Carriers

October 7, 2013
Total Views: 67

scorpio bulkers
Uncategorized

Scorpio Bulkers Goes Big Into Dry Bulk with $455 Million Newbuild Acquisition

Scorpio Bulkers has snatched up 15 bulk carrier newbuilds from yards in Japan and China today in a $455 million acquisition, an order which will more than

October 7, 2013
Total Views: 29

Thursday, October 3, 2013
vale brasil vloc bulk carrier valemax
News

Vale Shareholders Get $500 Million Windfall From Iron Ore Rally

Oct. 3 (Bloomberg) — Vale SA, the world’s largest iron-ore producer, boosted this year’s planned dividend by 13 percent to $4.5 billion as

October 3, 2013
Total Views: 43

crown63 ultramax sinopacific shipbuilding
News

Paragon Shipping Acquires Ultramax Newbuilds

Paragon Shipping Inc. (NASDAQ: PRGN), an Athens-based dry bulk shipper has announced an acquisition worth approximately $53.0 million for two 63,500 dwt

October 3, 2013
Total Views: 147

Wednesday, October 2, 2013
coal
News

Coal to Replace Natural Gas as Dominant Fuel in SE Asia

Oct. 2 (Bloomberg) — Coal will replace natural gas as the dominant fuel for producing electricity in Southeast Asia as the region almost doubles its

October 2, 2013
Total Views: 153

Tuesday, October 1, 2013
star bulk
News

Star Bulk Drops $214 Million for Five New Bulk Carriers

Star Bulk (NASDAQ:SBLK), an Athens-based dry bulk shipping firm has announced that as of last week, they have entered into agreements to build five new bulk

October 1, 2013
Total Views: 251

Monday, September 30, 2013
Baltic Index Falls As Chinese Holiday Saps Demand For Bigger Vessels
Uncategorized

Baltic Index Falls As Chinese Holiday Saps Demand For Bigger Vessels

The Baltic Exchange's main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain and coal, fell on Monday on lower

September 30, 2013
Total Views: 26

Sunday, September 29, 2013
bulk carrier liberty maritime grain
News

Farmers and U.S.-Flagged Shippers Live to Fight Another Day, Just Barely

Should U.S. disaster relief require American-grown food? Those with the best intentions may miss the full picture By Bruce Vail The next time news of a natural

September 29, 2013
Total Views: 58

Friday, September 27, 2013
corn grain
News

China’s Gonna Need More Corn

China’s corn self-sufficiency could fall to 93% by 2018 and to 90% by 2020, according to an executive in the corn division at state grain trading

September 27, 2013
Total Views: 65

nordic orion arctic
News

Danish Panamax Coal Carrier Completes Northwest Passage

A large sea freighter completed a voyage through the hazardous Arctic Northwest Passage for the first time on Friday as global warming opens routes that

September 27, 2013
Total Views: 78

asia 2014 gdp growth
News

Pressure on Dry Bulk as Asia’s Economic Prospects Show Steady Decline

The Bloomberg consensus forecast for Asia’s 2014 GDP growth has slipped steadily during the past four months from 6.9% at the beginning of May 2013

September 27, 2013
Total Views: 58

Wednesday, September 25, 2013
bulk carrier discharging salt. Image: Jon Norddahl/Norden
News

Commodities ‘Super Cycle’ Is Seen Enduring by McKinsey

Sept. 26 (Bloomberg) — Commodity supply constraints and demand from emerging markets mean it’s premature to talk about the death of the super cycle

September 25, 2013
Total Views: 45

seanergy
News

Seanergy On the Brink, Executives Resign

Dry bulk shippiner, Seanergy Maritime (NASDAQ:SHIP) reported another dismal 2nd half today with net losses of $13.7 million reflecting 20 percent lower time

September 25, 2013
Total Views: 29

Tuesday, September 24, 2013
green dolphin
News

Pioneer Marine Launches With a Newbuild Order for 4 Bulk Carriers

After a year of beating the bushes of the ship finance sector, Pankaj Khanna, CEO of Singapore-based Pioneer Marine has gained funding from US-based private

September 24, 2013
Total Views: 78

precious shipping
News

Precious Shipping Orders Another $24 Million Cement Carrier, More Ships on the Way

Precious Shipping, a Bangkok-based dry cargo operator specializing in the small handy size (10,000 to 30,000 DWT) sector of the tramp freight market, announced

September 24, 2013
Total Views: 89

Monday, September 23, 2013
COSCO 57000 dwt bulk carrier guangdong
News

Newbuild Orders Remains Achilles Heel for Dry Bulk Sector

Many analysts, public and private equity investors and shipowners seem to believe the dry bulk order book has declined materially over the past eight and

September 23, 2013
Total Views: 45

Tuesday, September 17, 2013
timber shipping ship logs wood forestry
News

Smallest Ships Profitable Again as China Imports More Timber

Sept. 17 (Bloomberg) — China is building the most property in at least a decade, expanding shipments of logs and adding to record commodity cargoes that

September 17, 2013
Total Views: 313

Monday, September 16, 2013
iron ore
News

Shipping Rates in China Surge to 16-Month High

The cost of hauling iron ore and coal along China’s coast rose to a 16-month high, adding to signs the nation’s demand is strengthening for the

September 16, 2013
Total Views: 31

Tuesday, September 10, 2013
Valemax Bottoms Out in Brazil
Interesting

Valemax Bottoms Out in Brazil

A Valemax bulk carrier was damaged Monday after running aground as she departed the Ponta da Madeira terminal in northeastern

September 10, 2013
Total Views: 208