dry bulk shipping

Troubled Athens-based shipping company Excel Maritime (EXM) revealed in yesterday’s press release one of industry’s worst kept secrets: The

Drybulk shipper Excel Maritime Carriers Ltd intends to file for Chapter 11 bankruptcy making it the latest victim of a downturn in the shipping

(Bloomberg) Rates for ships hauling coal and grains posted the longest losing streak on record as the merchant fleet’s largest glut magnified seasonal

(Reuters) – Argentina has sent its first major cargo of genetically modified (GMO) corn to China, where demand for grain-based animal feeds is growing as

(Reuters) STX Pan Ocean – owner of 97 bulk vessels, 249 chartered-in ships and open contracts for 28 newbuilds – filed for court receivership on

Rates to ship iron ore rose by the most in almost a month on speculation demand remains high even as a surplus of vessels keeps earnings below operating

Oslo-based shipping firm Belships ASA has placed an order for two fuel efficient Supramax bulk carriers from Imabari Shipbuilding Co. Ltd. The design provided

By Alexander Healey Panama finally reveals what happened to three bulkers lost in 2010. But little action is being taken to improve safety for seafarers. Ever

June 3 (Bloomberg) — A freight trader operating more than 40 vessels offered to lease ships for no charter income and pay toward fuel costs as the

(Bloomberg) — Rates to ship iron ore fell by the most in two weeks on speculation steel mills in China, the largest buyer, are using inventories instead

(Bloomberg) — Golden Ocean Group Ltd., the owner of ships hauling coal and iron ore led by billionaire John Fredriksen, plans to curb long-term charters

Golden Ocean Group Ltd has announced an agreement to buy two ice class Panamax vessel resales built at Pipavav Defence & Offshore Engineering Company.

(Bloomberg) — Golden Ocean Group Ltd., the dry bulk shipping group controlled by billionaire John Fredriksen, rose in Oslo as a strong balance sheet and

On February 17th of this year, the Harita Bauxite sank off Cape Balinao in the South China Sea. Of the twenty-four men aboard, only nine survived. The sea can

DryShips has posted its sixth straight quarterly loss and says it does not expect charter rates to improve this

(Bloomberg) — D/S Norden A/S, Europe’s biggest owner of ships hauling iron ore and coal, is making its first bet in three years that rates for

Safe Bulkers Inc. (SB) is a rare gem among the doom and gloom surrounding high-profile dry-cargo shipping companies.  SB owns a fleet of 26 dry-cargo vessels,

(Bloomberg) — Rates for iron-ore carriers fell for a sixth day on speculation Chinese steel mills are drawing on stockpiles instead of imports, according

Since the first of January, Danish tramp shipper Norden has been executing a significant growth plan focused on both the dry bulk and clean product tanker

Naval architecture firm Deltamarin announced today a handful of orders for their B.Delta bulk carrier design, all to be built at Chinese shipyards.