dry bulk shipping


Friday, January 4, 2013
Cosco guangdong
News

RS Platou: 45 Newbuild Bulk Carriers Re-Sold Due to Contract Defaults or Cancellations

At least 45 of the largest dry-bulk vessels were re-sold in 2012 while being built at shipyards because delays led to cancellations or the original orderer

January 4, 2013
Total Views: 49

Thursday, January 3, 2013
hanjin dampier capesize bulk carrier
News

Japanese Firms May be Prohibited from Shipping South Korea-Bound Coal, Suspicion Runs Deep

South Korea’s government is moving to bar foreign shipping lines from contracts in the state-run energy sector as it supports domestic companies

January 3, 2013
Total Views: 100

star bulk
Finance

Star Bulk Reaches Agreement with Banks, To Defer Up To $24 Million of Repayment Obligations

Star Bulk Carriers Corp. (SBLK) reached an agreement with its lenders to defer up to $24 million of repayment obligations over the next two years. The

January 3, 2013
Total Views: 42

Wednesday, January 2, 2013
zombie shutterstock
News

2013 May Spawn a New Breed of “Zombie” Shipping Companies

Earnings for ships that haul liquefied gases, cars and oil products are most likely to recover this year amid a continued glut of merchant vessels that may

January 2, 2013
Total Views: 60

Thursday, December 27, 2012
bulk carrier iron ore shutterstock
News

Economists are Bullish on Iron Ore as Chinese Economic Growth Recovers

Iron ore is rallying the most in about two years as analysts predict that China, the biggest buyer, will import a record amount in 2013 as its accelerating

December 27, 2012
Total Views: 44

Friday, December 21, 2012
kamsarmax
News

Diana Shipping Purchases New Japanese-Built Kamsarmax Bulk Carrier

ATHENS, GREECE – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced

December 21, 2012
Total Views: 424

dry bulk carrier shutterstock
News

Hits Keep on Comin’ for the Dry Bulk Market, Chinese Coal Imports May Almost Disappear in 2013

Chinese demand growth for imported coal will almost halt next year before shipments contract in 2014 as the nation’s improving transport network allows

December 21, 2012
Total Views: 73

Thursday, December 20, 2012
capesize bulk carrier kanaris
News

Capesize Market Continues to Get Slaughtered as BDI Sinks Lower

The worst commodity shipping market in 26 years may persist next year as an oversupply of vessels continues to curb ship owners’ ability to boost charter

December 20, 2012
Total Views: 330

ore fabrica vale vloc brasil
News

Economy of Scale? Not So Much for Vale SA’s 400,000 DWT Super Ore Carrier

Vale SA, the world’s biggest iron-ore exporter, may have paid about $158 million more for shipping in the past 19 months by using the largest available

December 20, 2012
Total Views: 231

Tuesday, December 18, 2012
capesize iron ore australia geraldton
Multimedia

Loading Iron Ore at Geraldton, Western Australia [IMAGE]

A ship is loaded with iron ore at the port in Geraldton, Western Australia December 3, 2012. A new deepwater port on Australia’s Indian Ocean Coast was

December 18, 2012
Total Views: 125

Monday, December 17, 2012
bulk carrier
News

Analysts Predict Dry Bulk Shipping Market Rebound in 2013

At a time when equity analysts are predicting the biggest rebound in earnings for Capesize iron-ore carriers in six years, swaps traders are betting that rates

December 17, 2012
Total Views: 114

baltic winter break bulk ship rickmers linie
Uncategorized

Rickmers-Linie Orders Pair of Multi-Purpose Break Bulk Ships

Rickmers-Linie announced today their plans to build a pair of 20,000 DWT multi-purpose break bulk vessels at Hudong-Zhonghua Shipbuilding in China.  Scheduled

December 17, 2012
Total Views: 147

Suffering in the Dry Bulk Market, Paragon Shipping Reaches Financial Agreements with Lendors
Finance

Suffering in the Dry Bulk Market, Paragon Shipping Reaches Financial Agreements with Lendors

After suffering nearly USD $19 million in losses in the 3rd quarter, Paragon Shipping Inc. (NYSE: PRGN) has been working diligently with their lenders to come

December 17, 2012
Total Views: 53

Wednesday, December 12, 2012
stx pan ocean
News

STX Group May Sell Controlling Stake in Fleet of 400 Dry-Bulk Ships

STX Group is in talks about selling its controlling stake in STX Pan Ocean Co., South Korea’s largest dry-bulk ship operator, as it tries to raise 2.5

December 12, 2012
Total Views: 133

Friday, December 7, 2012
Vale’s Strategy is About Access to Ships, Not Ownership

Vale’s Strategy is About Access to Ships, Not Ownership

LONDON–Brazilian miner Vale SA (VALE) said Thursday the company’s shipping strategy isn’t about owning a fleet of ships but rather making

December 7, 2012
Total Views: 85

Tuesday, December 4, 2012
Volgo Balt 199
Incidents

Coal Carrier Sinks off Northern Coast of Turkey, 3 Killed [UPDATE]

ISTANBUL, Dec 4 (Reuters) – At least three people were killed and nine others were missing after a cargoship with a Ukrainian and Russian crew sank in a

December 4, 2012
Total Views: 93

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: 36

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: 40

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: 82

Tuesday, November 27, 2012
globus maritime fleet
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: 73