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dry bulk shipping


Monday, December 3, 2012
Vale: Global Iron Ore Demand “Far From Peaking”

Vale: Global Iron Ore Demand “Far From Peaking”

RIO DE JANEIRO–Brazilian mining giant VALE SA (VALE, VALE5.BR) believes global demand for iron ore is “far from peaking,” though growth in

December 3, 2012
Total Views: 17

Friday, November 30, 2012
star bulk carriers
Finance

Star Bulk’s Future Looks Very Grim, Reports $303 Million Impairment Charge

NASDAQ-listed Star Bulk Carriers Corp (SBLK) is looking at a pretty dismal future.  Their quarterly numbers they released today weren’t too bad

November 30, 2012
Total Views: 17

Wednesday, November 28, 2012
k line Kawasaki Kisen Kaisha Ltd
News

“K” Line To Shed Two Dozen Bulk Carriers, “We’re Slowing Our Expansion”

(Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-biggest shipping line, delayed plans to expand its commodity-vessel fleet as a global glut

November 28, 2012
Total Views: 57

Tuesday, November 27, 2012
Press Releases

Dry Bulk Shipper Globus Maritime Reports Quarterly Revenue Down 20%

Athens, Greece, November 27, 2012. Globus Maritime Limited (“Globus,” the “Company,” “we,” or “our”), (NASDAQ:

November 27, 2012
Total Views: 24

Tuesday, November 20, 2012
Diana Shipping Q3 Results: Earnings Decline But It’s Not All Bad News

Diana Shipping Q3 Results: Earnings Decline But It’s Not All Bad News

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today reported a net income of

November 20, 2012
Total Views: 31

Monday, November 19, 2012
international shipholding corporation
Finance

International Shipholding’s Acquisition of United Ocean Services On Track, Stock Offering Withdrawn

International Shipholding Corporation (NYSE: ISH) announced last week that in light of current market conditions, it has decided not to proceed with its

November 19, 2012
Total Views: 89

Sunday, November 18, 2012
Flawless Crew Work Saves Bulk Carrier From Disaster [VIDEO]
Incidents

Flawless Crew Work Saves Bulk Carrier From Disaster [VIDEO]

Sometimes things don’t happen according to plan, and when you’re operating a big ship in a narrow channel such as the Panama Canal, a ship’s

November 18, 2012
Total Views: 65

Thursday, November 15, 2012
Overseas Shipholding Won’t Need Bankruptcy Financing [MARKET TALK]

Overseas Shipholding Won’t Need Bankruptcy Financing [MARKET TALK]

Overseas Shipholding’s (OSG) Chapter 11 filing to deal with its bulging debt isn’t a surprise. And it also won’t be the

November 15, 2012
Total Views: 23

Wednesday, November 14, 2012
Ocean Rig Continues to Be a Lifeline for Dryships
Offshore

Ocean Rig Continues to Be a Lifeline for Dryships

Athens, Greece-DryShips Inc. (NASDAQ: DRYS), an international shipper of dry bulk and petroleum cargos, and through its deepwater drilling subsidiary, Ocean

November 14, 2012
Total Views: 19

Ship Chandler Killed After Falling Overboard
Incidents

Ship Chandler Killed After Falling Overboard

A Singaporean ship chandler was killed Tuesday after falling into the water while disembarking from a bulk carrier at the Port of Singapore following a

November 14, 2012
Total Views: 63

Ultrabulk Ditches Chinese Yard for Japan-Built Eco-Ship

Ultrabulk Ditches Chinese Yard for Japan-Built Eco-Ship

Danish dry bulk operator Ultrabulk said Wednesday that continuous delays have forced the company to cancel its order for two large Panamax bulkers from

November 14, 2012
Total Views: 127

Tuesday, November 13, 2012
Beijing Wields Big Stick on Valemaxes

Beijing Wields Big Stick on Valemaxes

BEIJING–Brazilian miner Vale SA has spent around $2 billion on a fleet of huge ships to carry its iron ore from Brazil to China. The problem: China

November 13, 2012
Total Views: 34

Monday, November 12, 2012
STX Pan Ocean Vanguard
News

The Chinese Ore Rush Is On and Dry Bulk Shippers Like STX Pan Ocean Are Super Stoked to Hear It

(Bloomberg) — China, which imports more iron ore than the rest of the world combined, will buy a record amount this quarter, easing concern about the

November 12, 2012
Total Views: 53

Wednesday, November 7, 2012
Paragon Shipping Delays Newbuild Deliveries

Paragon Shipping Delays Newbuild Deliveries

Greece-based Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, revealed plans Wednesday to delay

November 7, 2012
Total Views: 17

kensington vlcc tanker supertanker knightsbridge
Finance

Knightsbridge Tankers Battered By Huge Impairment Losses and Abysmal Day Rates

Bermuda-based Knightsbridge Tankers (NASDAQ: VLCCF) reported their Q3 financials today and gave us an overview of the tanker and dry bulk markets.  With

November 7, 2012
Total Views: 55

Tuesday, November 6, 2012
Owner of Missing Cargo Ship with 700 Tons of Gold Ore Arrested
Incidents

Owner of Missing Cargo Ship with 700 Tons of Gold Ore Arrested

The owner of a Russian cargo ship that went missing last week with 9 crew members and 700 tons of gold ore in the Sea of Okhotsk has been

November 6, 2012
Total Views: 122

Thursday, November 1, 2012
tilos bulk carrier goldenport
News

Tilos, a 21-Year Old Bulker, Sits Nervously in Alang After Being Sold Today

The Tilos‘ days are numbered following Goldenport Holdings Inc. (LSE: GPRT) announcement today that she has been sold and delivered to a third party

November 1, 2012
Total Views: 40

Wednesday, October 31, 2012
bet intruder
News

Seanergy’s Fleet Continues to Dwindle with Sale of Panamax Bulk Carrier

In a move to reduce the company’s debt, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today they have sold one of their 69,235 dwt Panamax

October 31, 2012
Total Views: 30

baltic dry index
Finance

Tokyo-Based Shipping Companies Hit Hard, MOL Predicts Loss of 24 Billion Yen

(Bloomberg) — Nippon Yusen K.K., Japan’s biggest shipping line, lowered its annual profit forecast and Mitsui O.S.K. Lines Ltd. predicted a loss as

October 31, 2012
Total Views: 35

Tuesday, October 30, 2012
Canada’s Fednav Orders New Icebreaker
Shipbuilding

Canada’s Fednav Orders New Icebreaker

Fednav, the world’s largest operator of ice-classed vessels and Canada’s leading deep-sea bulk transporter, announced Tuesday that it has placed an

October 30, 2012
Total Views: 79
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